One of our subscribers, who runs a one-man company, wanted to know if he was entitled to a tax deduction for the cost of an extravagant meal with his partner following the completion of a successful
contract?
Published 04.07.2017
You’re the sole shareholder and director of a growing trading company. It’s been a good year and you want to celebrate in style with the employees who helped. Will HMRC allow tax relief if you put
the expense of entertaining everyone through the business?
Published 05.09.2023
You want to stage an event to promote your business, say an evening barbecue for customers and staff. You expect the cost to be a few thousand pounds. How much tax relief, if any, can you claim and
what other tax implications are there?
Published 03.06.2019
You’re thinking of holding your first ever summer event for your employees. You’re not sure what form it will take but one factor in your decision is the cost and therefore the tax and NI position.
What do HMRC’s rules say about this?
Published 09.06.2022
You and your fellow directors have just landed a prestigious new customer and you plan to celebrate in style. Is the company entitled to a tax deduction for such expenditure?
Published 19.10.2022
If you spend money on business entertainment you need to be wary of the special tax rules. If you don’t tackle them in the right way you could be missing out on valuable tax relief. What should you
be doing?
Published 18.04.2018
Special rules prevent tax relief being allowed for the cost of business entertainment, but certain related costs escape. How do the blocking rules apply and what are the exceptions?
Published 05.04.2016
VAT paid on the cost of business entertainment can’t be reclaimed. However, what counts as entertainment and what is a general business staff-related expense isn’t always clear. How and why will it
benefit you to identify the difference?
Published 08.03.2022
It’s that time of year where you’re faced with the chore of buying seasonal gifts. The tax and VAT treatment depends on the value of the gift and who it’s for. Gifts can be tax efficient, but how can
you ensure that they are?
Published 25.10.2016
Keeping your customers happy is a vital part of your business’s success so you might think buying them the occasional lunch should be tax deductible. But the Taxman says “no”! Is there a way around
this?
Published 03.11.2011