Christmas meal question

Lifeisbutadream

Is there any tax allowance on taking sub-contractors out (not permanent staff) for a Christmas meal?

fengirl_2

Entertainment expenses are not an allowable deduction.

Cook_County

fengirl - what happened to the £150 per head allowance under ITEPA 2003, ss 270, 324?

Lifeisbutadream

How about if we were to have a meeting during December regarding an extension build that we have planned for January? there will be a number of sub-contractors required and we will need to go through everything so that they can get their estimates in.

Would that be allowed?:rolleyes:

RayWolfe

fengirl wrote: »

Entertainment expenses are not an allowable deduction.

fengirl said it all.
If you wine and dine them as part of a "Project" or not, it's entertaining.
And quite right too, if you want to buy someone a drink, do so, don't expect the rest of us to make a contribution.

margaretclare

Lifeisbutadream wrote: »

How about if we were to have a meeting during December regarding an extension build that we have planned for January? there will be a number of sub-contractors required and we will need to go through everything so that they can get their estimates in

And what on earth has that got to do with Christmas?

It goes down in the books as a business expense (DH has a long career in business behind him).

Margaret

Lifeisbutadream

RayWolfe wrote: »

fengirl said it all.
If you wine and dine them as part of a "Project" or not, it's entertaining.
And quite right too, if you want to buy someone a drink, do so, don't expect the rest of us to make a contribution.

Oooo shirty! Nobdoy asked you to make a contribution thank you.

I think I pay enough in tax and VAT to justify some tax relief. Its the none honest ones who work for cash in hand and dont declare VAT you want to worry about, not the ones who ask a genuine question about taking their hard-working sub-contractors out for a meal for Christmas.

If you have a problem making a contribution regarding your tax, take it out on someone who really does take the p1ss, such as someone who has never done a days work in their life and lives off handouts, not a genuine hardworking taxpayer.

In future keep your ignorant, rude comments to yourself.

margaretclare

I still don't see that your meal out with your contractors has anything at all to do with Christmas.

Margaret

BorisTheSpider_3

margaretclare wrote: »

And what on earth has that got to do with Christmas?

It goes down in the books as a business expense (DH has a long career in business behind him).

Margaret

Entertaining is not tax-deductible.

An 'annual party' that all *staff* are invited to is tax-deductible, providing the cost per attendee does not exceed £150/head. It must be a *staff* party. Staff can of course bring guests, but it should not be for clients.

RayWolfe

Lifeisbutadream wrote: »

In future keep your ignorant, rude comments to yourself.

Me, ignorant, rude?
Interesting!

johnllew

Lifeisbutadream wrote: »

I think I pay enough in tax and VAT to justify some tax relief.

That's irrelevant. What is relevant is the law on entertainment expenditure:

http://www.hmrc.gov.uk/manuals/bimmanual/BIM45020.htm