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Christmas Parties!

Ten Facts You Might Not Know About Stamp Duty

A Christmas party for your employees is considered entertaining, but there is a tax exemption for employee entertaining that applies to ‘annual parties’, which are open to all staff.
 
The tax-free limit for this is £150 (inclusive of VAT) per guest, which must include any related transport or accommodation costs.  However, if the total exceeds £150 per head, the
whole cost becomes taxable as a benefit in kind, not just the excess.
 
It is also important to remember that the £150 per head applies to both your employees,
and their guests or partners.