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  • Tax

    Company Directors Christmas Party - expenses

    As is allowed I claimed £150 per director for our Xmas party

    Can anyone tell me can I claim mileage going to the Party there and Back?

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    Staff parties: at a glance

    A staff party or an annual function qualfies as a tax-free benefit for your employees providing that you meet the following conditions:

    • The total cost must not exceed £150 per head, per year.
    • £150 includes VAT together with any extra costs such as transport and accommodation.
    • The £150 is a limit and not an allowance: if the cost is £151, the whole benefit is taxable.
    • The event must be primarily for entertaining staff.
    • The event must be open to all staff (in that location, if you have several branches or departments).
    • The event is not just to be for directors, unless all your staff are directors.
    • The cost of the whole event is an allowable expense for your business.
    • You can claim back input VAT but this may be restricted where you are also entertaining customers.

    https://www.rossmartin.co.uk/employers/b...-functions

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    Thanks for that info

    have a happy new year

    DL

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    If I'm the only director, can I include my spouse/partner for an extra £150 (so total of up to £300)? Or is it only relevant to directors/employees of the company and the spouse counts under the £150 (so £75 for myself and wife)?

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