Tax

Whether business gifts are tax-deductible or not, all depends on what the gift is, how much it is worth and to whom it is being given to. We have broken it down below to help you understand the ins and outs of this tax legislation.

Is our party a tax deductible event?

Yes, but…..

When an employee is provided with a company car, to avoid a taxable car fuel benefit, fuel must only be provided for business travel.

Nobody likes paying more tax than they have to. Tax can be one of the biggest costs for a business and should, therefore, be treated as an integral part of any business planning.