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Is your summer staff party tax deductible?

Is your summer staff party tax deductible?

8th August 2022
You are planning on holding a summer party for your employees but what is the tax and NI position of such an event and what do HMRC’s rules say about it? Lauren Herbert advises. Usually, business entertainment is not a tax-deductible expense. However, the cost of entertaining your employees (including directors), such as having a...

Is food and drink for customers tax deductible?

4th February 2020
As a business which hosts seminars and courses, food and drink is provided as part of this during the day. A tax inspector refused to allow a tax deduction for the cost because he says that it is business entertainment. Is he correct? Income tax, corporation tax and VAT legislation each contain a similar rule...