Tax rules have changed considerably over the years. In 1936 the House of Lords famously ruled that “Every man is entitled, if he can, to order his affairs so that the tax is less than it otherwise would be”. But in 2013 the General Anti-abuse rule was introduced. This has given HMRC the power to… Read more »
Posts Tagged: tax deductible
Can you claim VAT on staff entertainment?
Find out if you can claim VAT on staff entertainment. Entertaining is categorised as business entertainment and therefore the cost isn’t tax deductible. There is an exception to this rule as staff entertainment can be tax deductible. The cost of entertaining staff includes costs relating to the director shareholders. HMRC extends this to all business… Read more »