Reply to: christmas party expenses

[Cheshire Cat]

Please can this post be the end of this thread?

Probably not.

[TheFaQQer]

Is paying £30 out of your company account for the work's Christmas do acceptable to taxman as an expense?

Probably not. Try it and see.

[contractor79]

Is paying £30 out of your company account for the work's Christmas do acceptable to taxman as an expense?

[Ruprect]

It's £150 per invitee, so if you're the sole employee and you invite a guest the total is £300.

Please can this post be the end of this thread? Surely its not that difficult to grasp!

[Cheshire Cat]

it's £150 per employee. So if you're the sole employee then the total is £150 and can take any form I believe

It's £150 per invitee, so if you're the sole employee and you invite a guest the total is £300.

[Alan @ BroomeAffinity]

it's £150 per employee. So if you're the sole employee then the total is £150 and can take any form I believe

You can take a guest and the allowance for them is £150 as well.

[YasminHuegilll]

it's £150 per employee. So if you're the sole employee then the total is £150 and can take any form I believe

[blacjac]

You're not exactly the sociable type though are you...

An alternative (fiscal) approach might be that if said 2 guests were paying their way in full you'd effectively gain 20% of their portion of the bill by claiming the expense back.

You mean fraud?

[Ravello]

And why would you want to give 2 guests a freebie at your co's expense? Unless they are your kids I dont see the point. Neither do I see the point taking your client's HR \ Recruitment Manager or other pair of nob jockeys!

You're not exactly the sociable type though are you...

An alternative (fiscal) approach might be that if said 2 guests were paying their way in full you'd effectively gain 20% of their portion of the bill by claiming the expense back.

[TCL]

Is it a travelodge equidistant between London and Norwich?

No, its a Best Western in Gloucester

Whoosh!

[expat]

Does a unpaid company secretary count as a employee ? Seems madness to me that a company secretary wouldn't count but thought I would check...

Cheers

Why does it seem "madness" to you that someone who is not paid by the company would not count as an employee?

[Alan @ BroomeAffinity]

Yes. It includes VAT. And even if you aren't on the flat rate scheme, you can't claim it back.

[badger7579]

Its actually an event per year, not just a Christmas party meaning you could have more than one event per year.

I believe its one guest per employed person and each can spend up to £150, anything over £150 each and the whole thing becomes a BIK.

I'm thinking of buying tickets for F1 or touring cars this year.

One question I have is the £150 including or excluding VAT?

Anyone know if the £150 includes VAT?

[TheFaQQer]

Does a unpaid company secretary count as a employee ? Seems madness to me that a company secretary wouldn't count but thought I would check...

Cheers

If they are salaried, then they are an employee. If they have a contract of employment, then they are an employee. If not, then they aren't included.

[Beefy198]

That's right it's like women’s sale logic, they somehow think they're better of because they have 'saved' money when they've actually spent some.

The number of times the wife and I have argued when she returns from the supermarket with her excellent "buy two get one free" deal on something we didn't really want/need