xmas party CUK article incorrect?

[northernladuk]

IMO that is just too thinly veiled. Just looks like a day out with the family to me. Why push it that far? You have worked out exactly how much you will be saving here haven't you?

[SouthernHarrier]

Yes.

Edit: or more precisely, yes the total cost per head would mean max £600 for 4 people, obviously, but there's no guarantee HMRC would consider a family day out to a motorsports event in the middle of Summer a company annual event. Do you do this on an annual recurring basis?

We've been to the same event as the annual company do for the last 5 years. Not saying I would spend £600 on it, in fact costs have always come in well below £300. Just wondering whether next year we can go to the poo bar instead of taking my own butties

[SouthernHarrier]

Will they be laying on a conference room?

Not for that price!

[BrilloPad]

IMO that is just too thinly veiled. Just looks like a day out with the family to me. Why push it that far? You have worked out exactly how much you will be saving here haven't you?

Enough to afford an accountant?

[northernladuk]

Enough to afford an accountant?

I very much doubt it.

[SouthernHarrier]

Never though of asking my accountant on financial issues. Why didn’t someone say?

[TheCyclingProgrammer]

Just wondering whether next year we can go to the poo bar instead of taking my own butties

Hey, whatever does it for you, I'm not judging.

[MrMarkyMark]

In our case our annual event is a Motorsports event in the summer. Both my wife and I are directors so budget is max £300. Our two boys always come so in theory could we count them as guests (one per director) and so increase the allowable budget to £600?

Why don't you throw the invitation open to any friends and family too.

If you invite enough, maybe the company would actually make a loss that year.

[SouthernHarrier]

Why don't you throw the invitation open to any friends and family too.

If you invite enough, maybe the company would actually make a loss that year.

Like it - then I get a free day out and save on the corp. tax bill

[MrMarkyMark]

Like it - then I get a free day out and save on the corp. tax bill

You catch on quick