The festive season is upon us again and its time to party.
As a great employer we always treat all of our team to a bit of a do to say thank you for all their graft. This year we are off to the Hilton, Manchester ( pics to follow ).
The good news is that if we follow a few simple rules then we can not only claim all or some of the vat back but we can get tax relief against the business profits. e.g. for up to £150 per head per employee we can claim back £25 vat and £25 corporation tax which means that the net cost is £100 i.e the tax man contributes a third. However if you fall foul of the rules it could be costly.
A&C Chartered Accountants can help you have a great party too!