Originally posted by mudskipper
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Reply to: Staff entertainment
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Previously on "Staff entertainment"
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Did you spend exactly £300 (with a receipt)? If you spent more, then the whole thing becomes a BIK.Originally posted by ramesh View PostI claimed only 300GBP.
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Originally posted by Pondlife View PostAs long as you have a receipt saying £300. Plus it doesn't have to be all in one session. £150 is the amount per year with no BIK.
What I do find strange is that the OP is considering making his wife an employee for only two months and this is the first question he asks.
But it does have to be an annual event. So you could have Christmas outing and summer BBQ. But a night at the flicks for a new release isn't going to cut it.
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How did you do that without asking the forum?Originally posted by ramesh View PostI claimed only 300GBP.
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That's the way sockies roll......Originally posted by Pondlife View PostAs long as you have a receipt saying £300. Plus it doesn't have to be all in one session. £150 is the amount per year with no BIK.
What I do find strange is that the OP is considering making his wife an employee for only two months and this is the first question he asks.
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As long as the company paid £300, then you're OK.Originally posted by Pondlife View PostAs long as you have a receipt saying £300. Plus it doesn't have to be all in one session. £150 is the amount per year with no BIK.
What I do find strange is that the OP is considering making his wife an employee for only two months and this is the first question he asks.
As I understand the rules, if you paid it personally and are claiming it back, then it's a no-go.
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As long as you have a receipt saying £300. Plus it doesn't have to be all in one session. £150 is the amount per year with no BIK.Originally posted by MicrosoftBob View PostBut you could spend £300 through the company, pay the rest in cash personally and then get away with claiming it....
What I do find strange is that the OP is considering making his wife an employee for only two months and this is the first question he asks.
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But you could spend £300 through the company, pay the rest in cash personally and then get away with claiming it....Originally posted by JRCT View PostAs your wife is already your partner (I presume), then you've already spent the £150 per head.
P.S. It's your Ltd that claims it for her as your partner or an employee. She doesn't claim it as an employee.
And, as Graeme says, it can't be over £300. You say 'about £300'. If your Ltd has spent £301, then you can't claim any of that.
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Did you spend that or just claim it? i.e. did it actually cost more?I claimed about 300GBP(for me & my wife) under staff entertainment in December.
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As your wife is already your partner (I presume), then you've already spent the £150 per head.Originally posted by Forbes Young View PostThere is no taxable benefit where the company spends up to £150 (including vat) on each company worker for the annual Christmas Party. The dispensation also extends to one guest each (partner) for whom the company can also expend up to £150.
P.S. It's your Ltd that claims it for her as your partner or an employee. She doesn't claim it as an employee.
And, as Graeme says, it can't be over £300. You say 'about £300'. If your Ltd has spent £301, then you can't claim any of that.Last edited by JRCT; 10 February 2015, 14:59.
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