The following Employment Tax guidance note by Tolley in association with Philip Rutherford provides comprehensive and up to date tax information covering:
Many employers provide a number of functions to their staff. Typically, these take the form of some sort of annual event, usually taking place in the summer and / or at Christmas.
The amounts incurred by the employer in respect of the employee are taxable unless there is an exemption from tax.
An exemption from tax is provided to employees by ITEPA 2003, s 264 where their employer provides them with a social function and a number of conditions are met:
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