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News - Accounting

Seasons greetings from the tax man30/11/2011

Even the tax man isn't a complete Scrooge and has been infected with the Christmas bug! He has been kind enough to allow businesses to throw an annual party, free of tax up to £150.00 per head for their employees. The cost of your party is also a tax deductable expense so you will even save a bit of tax.

Although he is being generous, if you exceed the £150 limit none of it will be allowable, so make sure you don't go too crazy on the Sherry.
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