jaysea67
Erik Edman
Staff entertaining is tax deductible. Non-staff entertaining is not.
VAT can be reclaimed on staff entertaining. VAT cannot be reclaimed on non-staff entertaining.
Staff entertaining will give rise to a taxable benefit-in-kind unless the event meets HMRC exemption for "annual functions".
These are the broad rules but there are further details, definitions, conditions, exceptions, etc.
VAT can be reclaimed on staff entertaining. VAT cannot be reclaimed on non-staff entertaining.
Staff entertaining will give rise to a taxable benefit-in-kind unless the event meets HMRC exemption for "annual functions".
These are the broad rules but there are further details, definitions, conditions, exceptions, etc.