Tax and your Work Christmas Party
06 December 2023
For employers, showing your appreciation of your team doesn’t need to cost the earth. In most cases, work Christmas parties and gifts for staff members are tax-deductible.
However, it’s essential to understand the tax rules surrounding annual events and gift-giving. Overspending on festivities won’t just eat into your bottom line; it can also have tax implications for your employees.
In this Work Party Guide, we’ll help demystify the tax treatment of your end-of-year celebrations.