Your party expenses will be exempted from tax and National Insurance if you comply with following guidelines which include:
- Your party must be an annual event like that of a Christmas/New Year/Summer party.
- Your party must have all the employees of the organization (not the Shareholders).
- Your total cost of the party must not exceed £150 (including VAT) per head.
- Your party expenses must include venue booking, catering, entertainment, decorations etc.
In addition, you can also claim an additional £150 per person for a plus one for each employee, provided they are a family member or partner.