Employer Annual Function Exemptions

Lately, there's been somewhat of a surge in social media content stating that businesses can spend up to £150 per employee on staff entertainment tax-free. While this is rooted in genuine guidance, the reality is more nuanced - and misunderstanding the rules can result in unexpected tax liabilities.

In this episode of Azets Explains, Rohit Ghai, Employment Tax Manager, breaks down the employer annual function exemptions and clears up the common misconceptions.

If you have any questions or would like to discuss how these changes might affect your business, get in touch below.