We will soon be coming up to Christmas time where many companies will be holding a staff Christmas party, but this does not have to hold a Christmas it could be for a summer barbeque.
This is provided for employee:
- available to employees generally or
- available to employees at a location where the employer has more than one.
This must be open to all staff generally at the location.
There may be a temptation to invite your best supplier or customer, but this is only open to employees of the business.
If the employer provides one annual function for employees no charge to tax arises if the cost of the event per head does not exceed £150.
If the employer was to hold two in one year, one in the summer and one in the winter then the cost per head must not exceed £150.00 for the aggregate of the two functions.
The cost of the function includes VAT and any transport and overnight accommodation.