Christmas Parties – a taxable event?

Christmas party

‘Tis the season where many companies are booking venues for their Christmas party so we thought it would be worth giving a re-cap on the tax implications of Christmas Parties and Gifts to Employees so you can concentrate on the fun to be had!

According to Revenue “Where an employer provides staff with a Christmas party, special occasion meals or other inclusive events such as a sports day for staff, a taxable benefit will not be regarded as having been provided, provided the expenses incurred are reasonable”.

So be reasonable folks and enjoy the Christmas celebrations!