HMRC applies tough rules to prevent tax relief for entertainment costs. The good news is that there’s an exception for staff entertaining, but as the owner of the business does it extend to you?
Published 04.09.2019
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 07.07.2022
Where your company throws a party for its directors and employees, as long as you stick to the rules it’s a tax-free benefit for everyone. But the Taxman can take a tough line on the rules as one
employer discovered recently. What’s the full story?
Published 29.09.2010
This year you’ve decided to have separate staff parties for each department in your firm. However your bookkeeper now tells you that multiple Christmas functions create a tax problem. What’s the
trouble and can you work around it?
Published 03.11.2015
It’s been a tough year for your employees and more so for the directors. But things have eased a bit and you want to say thanks with a little something for Christmas. But will this come with a tax
bill?
Published 26.11.2009
You and some of your staff have received early Christmas presents from clients; one or two of them look quite expensive. A colleague says that you might need to declare the gifts as income on your
tax return, are they correct?
Published 27.11.2013
Generally, gifts you make to your employees are taxable as benefits in kind unless they are covered by a specific exemption. However, are they taxable if the gift is being made for private reasons?
Published 18.02.2022
In a recent case a director claimed that watching football from the company box was really work. The Taxman said that it was a taxable perk. It was an interesting contest, but which side came out on
top?
Published 24.11.2010
A new tax exemption for perks took effect on 6 April 2016. It applies to all employees, but there are special rules for directors. What are they, and how can you work with them to take maximum
advantage?
Published 18.04.2016
HMRC has updated its guidance about the tax and NI treatment of benefits and expenses provided to employees during the pandemic. As an employer, what do you need to know?
Published 26.01.2021