Originally posted by mudskipper
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Staff entertainment
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Staff entertainment"
Collapse
-
Originally posted by ramesh View PostI claimed only 300GBP.
Leave a comment:
-
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.
Leave a comment:
-
Originally posted by ramesh View PostI claimed only 300GBP.
Leave a comment:
-
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.
Leave a comment:
-
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.
Leave a comment:
-
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.
Leave a comment:
-
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.
Leave a comment:
-
I claimed about 300GBP(for me & my wife) under staff entertainment in December.
Leave a comment:
-
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.
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- A contractor’s Autumn Budget financial review Yesterday 10:59
- Why limited company working could be back in vogue in 2025 Dec 16 09:45
- Expert Accounting for Contractors: Trusted by thousands Dec 12 14:47
- Finish the song lyric Dec 12 12:05
- A quick read of the taxman’s Spotlight 67 may not be enough Dec 12 09:27
- Contractor MVL Solution from SFP Dec 11 12:53
- Gary Lineker and HMRC broker IR35 settlement on the hush Dec 11 09:10
- IT contractor jobs market sinks to four-year low in November Dec 10 09:30
- Joke of the Day Dec 9 14:57
- How company directors can offset employer NIC rising to 15% Dec 9 10:30
Leave a comment: