Are you thinking about VAT at your works Christmas party?
I am almost sure that the first thing that everyone thinks about when the office Christmas party is mentioned is what should be done about the input VAT incurred, but for those that don’t think like this (maybe it’s just me), I thought it would be useful to give a quick reminder on the correct treatment.
When only employees of the business attend the Christmas party then this is seen as staff entertainment and is deemed to be wholly for the purposes of the business, and input VAT incurred on the event is fully recoverable.
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