Tax Tip 1   On the first day of Christmas my accountant said to me…. put on your dancing shoes. You can claim a tax deduction of up to £150 per head for your staff Christmas party. But remember to get into the kind Christmas spirit all employees must be invited for the event to qualify for the exemption. In order to work out the cost per head you need to add together the VAT inclusive cost of the event together with any costs of transport and accommodation. You then divide this by the number of people attending. But bear in mind – the £150 is per head, per year, so it’s not just restricted to Christmas. For more in-depth information visit the HMRC website at https://www.gov.uk/expenses-benefits-social-functions-parties. S4B are a team of Profit Consultants and Chartered Accountants in Maidenhead committed to putting the client first. If you would like to see how we can help you contact one of the S4B Team at [email protected] or call us on 01628 623444. Look out for our further Tax Tips of Christmas in our next S4B Newsletters