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Tax concessions

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Richelle | 18:46 Tue 29th Nov 2005 | Business & Finance
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EmployersI are entitled to a tax concession of �150 per employee for a christmas party. If the company does not pay corporation tax do they still qualify.
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Avatar Image kags

Yes.

08:14 Wed 30th Nov 2005
Avatar Image dzug
Sorry to be thick, but if the company doesn't pay corporation tax what is the �150 deducted from?
09:54 Wed 30th Nov 2005
Avatar Image kags
the concession is that the employee doesn't pay tax on the provision of the party as a benefit in kind.
15:03 Wed 30th Nov 2005

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