• 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!
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.

Previously on "xmas party question"

Collapse

  • ASB
    replied
    I don't see how using the tab from a night out with 5 mates constitutes falling in to the rules of a £150 per employee and partner.[/QUOTE]

    It doesn't, but those aren't the rules it needs to meet. Guests can be anybody and any number as covered in the links I posted.

    Leave a comment:


  • northernladuk
    replied
    Originally posted by ASB View Post
    Provided it is a regular event it would fall inside the rules. It is arguably taking the piss because the poster didn't realise it was inside the rules and got creative with it.
    The taking the piss is my opinion and when Support Monkey talks about common sense, to me it is common sense to find an even that closer matches the requirements and use that. You can claim and you are are correctly entitled to so that is a matter of opinion.

    I don't see how using the tab from a night out with 5 mates constitutes falling in to the rules of a £150 per employee and partner.

    Leave a comment:


  • ASB
    replied
    Originally posted by northernladuk View Post
    Why take the piss when it is such a petty amount of money when I am sure there will be other times of the year you can apply this correctly? If you are going to apply the 'who would know' attitude why not attempt to completely falsify all your accounts?

    At the end of the day you are actually paying most of this out of your pocket anyway so doen't make sense to just spend it because you can claim tax.
    Provided it is a regular event it would fall inside the rules. It is arguably taking the piss because the poster didn't realise it was inside the rules and got creative with it.

    Leave a comment:


  • Support Monkey
    replied
    Originally posted by northernladuk View Post
    Why take the piss when it is such a petty amount of money when I am sure there will be other times of the year you can apply this correctly? If you are going to apply the 'who would know' attitude why not attempt to completely falsify all your accounts?

    At the end of the day you are actually paying most of this out of your pocket anyway so doen't make sense to just spend it because you can claim tax.
    Come on we need to apply a bit of common sense here, i know the tax man can be a bit A*al but does anyone realy think that the tax office are going to sit sifting through every receipt for a curry they get to see if it was 1 or 21.

    yes off cause if your accounts are not in order or your trying to con the tax man you deserve everthing you get, Taking the Piss is sitting worrying about the tax office launching a full blown investigation over one christmas party receipt

    Leave a comment:


  • northernladuk
    replied
    Originally posted by Support Monkey View Post
    I normally go for a curry with my mates around March, normally 4 or 5 of us and as long as the receipt does not show how people on it i normally chuck this in as the christmas party, not strictly within HMRC rules but as long as its not more than £300 (£150 a head me + Co secretary) who would know
    Why take the piss when it is such a petty amount of money when I am sure there will be other times of the year you can apply this correctly? If you are going to apply the 'who would know' attitude why not attempt to completely falsify all your accounts?

    At the end of the day you are actually paying most of this out of your pocket anyway so doen't make sense to just spend it because you can claim tax.

    Leave a comment:


  • ASB
    replied
    It doesn't have to be Christmas. It can be more than one event.

    HM Revenue & Customs: Social functions for employees, including annual parties
    EIM21690 - Particular benefits: annual parties and other social functions

    Leave a comment:


  • Scrag Meister
    replied
    I usually invite the folks in my immediate team out for drinks and some snacks when I get renewed and expense it. Always appreciated and good PR for me and contractors in general.

    Also most of the folks I work with are a lot younger than me , so hope, naively maybe, that they will remember me when they get up the ladder a bit.

    Must admit I was glad I didn't do this on my last contract as was terminated a month after renewal.

    Leave a comment:


  • Sockpuppet
    replied
    Originally posted by Support Monkey View Post
    I normally go for a curry with my mates around March, normally 4 or 5 of us and as long as the receipt does not show how people on it i normally chuck this in as the christmas party, not strictly within HMRC rules but as long as its not more than £300 (£150 a head me + Co secretary) who would know
    6 curries for 2 people might end up raising an eye brow.

    Leave a comment:


  • Support Monkey
    replied
    Originally posted by Support Monkey View Post
    I normally go for a curry with my mates around March, normally 4 or 5 of us and as long as the receipt does not show how people on it i normally chuck this in as the christmas party, not strictly within HMRC rules but as long as its not more than £300 (£150 a head me + Co secretary) who would know
    Unless the local tax inspector is stiiting at the next table

    Leave a comment:


  • Support Monkey
    replied
    I normally go for a curry with my mates around March, normally 4 or 5 of us and as long as the receipt does not show how many people on it i normally chuck this in as the christmas party, not strictly within HMRC rules but as long as its not more than £300 (£150 a head me + Co secretary) who would know
    Last edited by Support Monkey; 14 October 2011, 10:04.

    Leave a comment:


  • Waldorf
    replied
    My you are early asking about Xmas!

    My accountant refers me to this - http://www.nixonwilliams.com/images/...tertaining.pdf

    Leave a comment:


  • mudskipper
    replied
    When I asked the question a couple of years back, it was far from clear cut I never did claim it.

    http://forums.contractoruk.com/accou...-expenses.html

    Leave a comment:


  • Greg@CapitalCity
    replied
    The annual party exemption is available to directors and employees. Guests can also be invited (before you ask, I suggest you invite one guest, not 10). So in your case, invite yourself and your guest along to the annual Xmas party, and ensure your total VAT inclusive costs do not exceed £300.

    Leave a comment:


  • John Doe
    started a topic xmas party question

    xmas party question

    Hi all,

    I know that you can have a x-mas party or similar and expense it for up to 150£ per head as long as it available to all employees.

    Now my question:

    I am the company director (contracting taking dividends, ...) and my partner is the company secretary (doing a bit of admin and helping with business development when she got some free time (she is not getting paid for that, nor is she getting any dividends)). Can we claim a xmas meal for up to 150£ each (i.e. up to £300 in total) as I am not certain whether this role only applies to employees?

    Thank you.

    JD

Working...
X