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Christmas is coming

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13 December 2006 / Mike Evans

Issue: 4088 / Categories: Comment & Analysis , Income Tax , VAT

MIKE EVANS looks at the cost of Christmas generosity by an employer or a third party.

REMEMBER THE SONG 'Christmas is coming and the goose is getting fat please put a penny in the tax man's hat'? Or do you really need to? How much is the income tax and Class 1 1A or 1B National Insurance cost of the Christmas pressie party or the new year ball that your company might want to give or provide to demonstrate your un-scrooge-like attitude? This article aims to provide some timely reminders on how to keep the cost down.

Christmas gifts

Christmas is a time for giving and some employers do want to join in and like the reformed Scrooge give presents to employees perhaps to ensure that there is some 'hearty fayre' on the table on Christmas day. In years gone by 'folk lore' tells of the Scottish tax office that insisted on taxing the turkey trotted out at...

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Christmas is coming

© Copyright LexisNexis 2024. All rights reserved.

13 December 2006 / Mike Evans

MIKE EVANS looks at the cost of Christmas generosity by an employer or a third party.

REMEMBER THE SONG 'Christmas is coming and the goose is getting fat please put a penny in the tax man's hat'? Or do you really need to? How much is the income tax and Class 1 1A or 1B National Insurance cost of the Christmas pressie party or the new year ball that your company might want to give or provide to demonstrate your un-scrooge-like attitude? This article aims to provide some timely reminders on how to keep the cost down.

Christmas gifts

Christmas is a time for giving and some employers do want to join in and like the reformed Scrooge give presents to employees perhaps to ensure that there is some 'hearty fayre' on the table on Christmas day. In years gone by 'folk lore' tells of the Scottish tax office that insisted on taxing the turkey trotted out at...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

Issue:

4088

Categories: Comment & Analysis [1] , Income Tax [2] , VAT [3]

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