HMRC webinar on Expenses and benefits – social functions and parties
02 December 2019
HMRC is running a webinar surrounding the topic of tax and National Insurance (NI) implications of providing staff with annual social functions.
As Christmas rapidly approaches, a substantial amount of businesses will organise and pay for parties for their employees to attend. The rules surrounding tax and National Insurance are not just restricted to events that are held over the festive period but extend to functions such as Summer barbecues or events that are held in order to reward and benefit staff throughout the year.
The webinar will run on 3 December 2019 between 15:00 – 16:00 and there will be the opportunity for attendees to ask questions using the on-screen box.
HMRC reiterates that the webinar will not address reimbursing staff for the cost of entertaining clients and only covers the tax and NI treatment of expenses and benefits that employers provide to their staff in terms of social functions and parties.
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