It’s the time of year when companies are starting to book their Christmas party Preston, and when selecting what to do and just how much to invest, it’s important to take into account the tax exemption provided by Her Majesty’s Revenue and Customs (HMRC).
Companies who put on a yearly Christmas party Lancashire for all their employees can receive a £150 per head entitlement towards it, meaning the price of the big event is not liable to tax or National Insurance payments.
There are a number of points that have to be considered with this entitlement. It’s not an allowance – an employer can’t put on a more costly event and apply the £150 entitlement to offset this. The event should also be open to all employees at a location, so a celebration just for senior staff would not receive this entitlement.
All costs has to be taken into account; including venue hire, transportation and food and drink, and is then separated by the number of employees attending. If it comes to a lot more than £150 per person, there is no tax reduction.
There are numerous possibilities for employers looking for the perfect venue for their Christmas do, and if you’re considering hotels Preston, the Barton Grange Hotel could be your ideal area. Located just north of Preston in the captivating village of Barton, the hotel has fantastic transport links as it’s just a few minutes from both the M6 and M55, so all employees at your company can easily get to and from the party.
If you feel like making it that little bit more special, why don’t you stay over afterwards? The Barton Grange Hotel provide double or twin rooms for just £55 per night so you can enjoy a relaxing night’s sleep after your event and awaken renewed for the next day!
