Hopefully, you have sorted out a venue for your Christmas party already, as you may struggle to find somewhere. If you haven’t, then bear in mind the amount you can spend as a business so that you don’t have to pay tax on it.
HMRC allows £150 per employee for staff functions. This is over the course of the year, so if you had a summer party, chances are you will go over this limit with the Christmas party. It’s an all or nothing thing, so if the average cost per employee was £151, technically the company would be taxable on the whole £151, not just the £1 you went over.
