Christmas party expenses

[MPwannadecentincome]

FWIW, technically I agree with Maslins that in most contractor cases, HMRC would disallow the cost for corporation tax purposes IF they opened an enquiry in the first place and had sufficient stamina to pursue the case for the amounts involved if you bothered to defend it. So in practise, the chances of £300 getting successfully challenged is negligible.

Its not just the corporation tax its the Benefit in Kind taxation on the individual too.

[THEPUMA]

Its not just the corporation tax its the Benefit in Kind taxation on the individual too.

Yes but the BIK position is relatively straightforward. Either you fulfil the eligibility criteria for exemption or you don't. Whereas the CT position is a little more ambiguous.