Small Business Tip β Christmas Party Tax Relief π
I recently came across a great breakdown on Instagram from @accountant_she (Iβll link her video belowπ), explaining that small businesses can claim back the cost of their Christmas party - up to Β£150 per head.
Just remember:
β’ It must be an annual event
β’ Open to all employees
β’ And Β£150 is the limit β go even 1p over and none of it is tax deductible.
Andβ¦ If youβve left it late and are planning a Christmas do this year, the best person to contact is digitalpocahontas.co.uk.
Link to Short video - https://www.instagram.com/reel/DQToAbBiJp6/?igsh=aXJ0OTFmZnAyNTBx
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