annual party excemption

[diseasex]

Are we contractors allowed to throw annual party and deduct £150 / £300 (with partner) expenses? Short question, i asked my accountant but they are asleep

thanks

[SimonMac]

Are we contractors allowed to throw annual party and deduct £150 / £300 (with partner) expenses? Short question, i asked my accountant but they are asleep

thanks

Yes

[MrMarkyMark]

Are we contractors allowed to throw annual party and deduct £150 / £300 (with partner) expenses? Short question, i asked my accountant but they are asleep

thanks

Yes.

[BrilloPad]

I assumed this would be https://s-media-cache-ak0.pinimg.com...fbbd0cf67e.jpg

[MrMarkyMark]

Are we contractors allowed to throw annual party and deduct £150 / £300 (with partner) expenses? Short question, i asked my accountant but they are asleep

thanks

Please note, you cannot expense any hookers or coke, on top

[northernladuk]

Are we contractors allowed to throw annual party and deduct £150 / £300 (with partner) expenses? Short question, i asked my accountant but they are asleep

thanks

No

[diseasex]

No

I'm sure i understand IR35 implications in this case, so why no?

[Pondlife]

No

Is the correct answer to the question asked IMHO.

You cannot deduct £300 from a larger bill. You can expense a claim for a meal and accommodation etc where the bill was up to but did not exceed £300.

[diseasex]

Is the correct answer to the question asked IMHO.

You cannot deduct £300 from a larger bill. You can expense a claim for a meal and accommodation etc where the bill was up to but did not exceed £300.

which essentially is "yes" without sticking to law bulltulip

[northernladuk]

I'm sure i understand IR35 implications in this case, so why no?

Hmm you are right. I thought it wasn't available to idiots but it appears I am wrong.