2024 Deductible Christmas Events. The good news is that holiday parties for employees generally are fully deductible for employers, with no tax implications for employees. Enjoy spellbinding family shows like.
It’s worth looking at the details, but in summary, parties for employees are allowable expenses, so exempt from employers’ national insurance and tax so long as. Employee christmas gifts paid in cash will be taxable as earnings in the normal way (subject to tax and national insurance).