This Company Party Thing...

[northernladuk]

In the not too distant future, assuming all goes to plan, I will be signing a 6 month extension.

for that....

When I get extended I take the folks in the team I work with out for beers and food and it generally costs me (my company) in the region of £300. I have always claimed this back through the company.

Your permie guys?? When you say you claim it, what way? Business entertaining or against the tax?

Not sure of the tax implications.

Depends on how you claim it but IMO this shouldn't go through the books. Business entertaining if anything so no tax benefit but comes out of LTD not your pocket.

I personally see this as advertising as the people I work with are a lot younger and will be the ones making the hiring decisions in the future.

Don't quite understand this but nice gesture to take people out anyway...