Small Business Tip – Christmas Party Tax Relief πŸŽ„

I recently came across a great breakdown on Instagram from @accountant_she (I’ll link her video belowπŸ‘‡), 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.

And… If you’ve 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

#SmallBusinessUK #TaxTips #UKBusiness #SelfEmployedLife #BusinessOwners #HMRC #ChristmasPartyPlanning #SupportSmallBusiness

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