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Phone: +44 (0) 1473 659777 - Email: email@example.com
The UK’s second lockdown ends on December 2. However, the Prime Minister’s recent announcement that the nation will face tougher ‘tiered’ lockdown restrictions beyond this date indicates that we will all have to play our part in limiting the spread of coronavirus before Christmas, Andrew Diver, head of taxation, explains.
The Christmas party is an integral part of the office calendar. Not only do they provide valuable team building, they also usually offer a tax-break which means that employees do not pay tax on the value of the party paid by the employer.
This year, with packed venues and tables for 10 implausible options, what can an employer offer their teams instead?
Employers can take advantage of the tax exemption of £150 per head at annual events as well as the trivial gift relief.
If you or your business needs advice or assistance about whether your Christmas arrangements this year will fall within these employee benefit exemptions, get in touch with Beatons Group by calling 01473 659777 or email firstname.lastname@example.org to see how we can help.
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