{"id":886,"date":"2021-11-15T16:12:51","date_gmt":"2021-11-15T17:12:51","guid":{"rendered":"http:\/\/www.cheapaccounting.co.uk\/blog\/?p=886"},"modified":"2026-01-08T07:50:19","modified_gmt":"2026-01-08T08:50:19","slug":"all-this-talk-of-christmas-parties-make-sure-yours-is-tax-deductible","status":"publish","type":"post","link":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/all-this-talk-of-christmas-parties-make-sure-yours-is-tax-deductible\/","title":{"rendered":"Christmas Tax Allowable Party – time to plan your annual knees up!"},"content":{"rendered":"

 <\/p>\n

Like previous years we\u2019ve updated our allowable costs for your Christmas Party blog.<\/p>\n

To make sure that the costs for your Christmas Party qualify as allowable there are just a few simple rules to follow.<\/p>\n

The Rules<\/strong><\/span><\/h4>\n
    \n
  • The party or event needs to be open to all employees<\/em><\/strong><\/li>\n<\/ul>\n
      \n
    • It is an annual occurrence but doesn’t have to be at Christmas<\/em><\/strong><\/li>\n<\/ul>\n
        \n
      • The event mustn\u2019t cost more than \u00a3150 per head<\/em><\/strong><\/li>\n<\/ul>\n

        If you meet the above criteria then it is allowable for tax without any Benefit in Kind implications.<\/p>\n

        Keep to these and you can have fun knowing that you\u2019ve done things by the book!<\/p>\n

        But BEWARE<\/strong><\/span><\/h4>\n
          \n
        • This is not a licence to put a flat rate of \u00a3150 through the accounts \u2013 that is NOT how it works! You account for what was spent<\/li>\n<\/ul>\n
            \n
          • If the cost is a penny over \u00a3150 then all of it is taxed as a benefit in kind!<\/li>\n<\/ul>\n
              \n
            • The \u00a3150 includes vat<\/li>\n<\/ul>\n
                \n
              • You can have more than one event but the \u00a3150 is reduced proportionately<\/li>\n<\/ul>\n
                  \n
                • Like all business costs you must have a receipt for the amount spent<\/li>\n<\/ul>\n
                    \n
                  • The event must be for all employees and not just directors \u2013 except where the director is the only employee<\/li>\n<\/ul>\n
                      \n
                    • The amount spent up to the limit of \u00a3150 is for each employee. So that doesn\u2019t mean that you can take your friends or family out for a slap up meal either! However it does mean that if you are a director and employee of your own company then you can have yourself a Christmas meal on the company!<\/li>\n<\/ul>\n

                       <\/p>\n

                       <\/p>\n","protected":false},"excerpt":{"rendered":"

                        Like previous years we\u2019ve updated our allowable costs for your Christmas Party blog. To make sure that the costs for your Christmas Party qualify as allowable there are just a few simple rules to…<\/p>\n","protected":false},"author":1,"featured_media":13668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1067,1033,959,1064],"tags":[30,9],"class_list":["post-886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-to-review","category-1-about-accounts-and-tax","category-all-posts","category-the-essentials","tag-cheapaccounting-co-uk","tag-tax"],"_links":{"self":[{"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/posts\/886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=886"}],"version-history":[{"count":12,"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/posts\/886\/revisions"}],"predecessor-version":[{"id":13670,"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/posts\/886\/revisions\/13670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/media\/13668"}],"wp:attachment":[{"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapaccounting.co.uk\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}