Christmas dinner

[Mikejf]

Most companies have the "Christmas do" and I'm asuming this can be deducted from their taxable profit.

Can the same be done in a Sole Trader situation i.e. Can I take my wife out for a meal and claim it as a Company expense?

Just a thought!

Mike

[fisicx]

Is it a business expense? What is the benefit to the company?

A works Christmas do is a thank you to the staff for all their efforts. A business lunch takes place to promote the business.

I'm not sure taking your wife out for a meal meets either of these criteria so my answer would be no but I'm sure someone else will be along soon to confirm or deny.

[jim_gold]

Oh we wish! We'd be out dining every night.

The official answer is no you cannot claim a dinner out with your wife as an expense.
However, practically speaking, if it is a one-off you'll probably get away with it as the annual christmas dinner tax allowance per staff member is about £150 if I can remember correctly.

[tkessex]

The £150 allowance covers a financial year and pertains to any 'treat' provided to staff (excluding bonus payments).

[Nat4Beth]

Can I suggest a drive through Macdonalds......that way you can claim the mileage too !!

merry xmas to all