{"id":98336,"date":"2018-12-11T07:32:29","date_gmt":"2018-12-11T07:32:29","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=0d27233a9a31dd1ea1c5b65686433f40"},"modified":"2018-12-11T07:32:29","modified_gmt":"2018-12-11T07:32:29","slug":"tax-implications-of-christmas-parties-and-gifts","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=98336","title":{"rendered":"Tax implications of Christmas parties and gifts"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\" property=\"content:encoded\">\n<p>With many companies holding office Christmas parties \u2013 and with their staff gifting items or cash to friends and family \u2013 there have been \u2018far more cases where the costs may [be] more\u2019 than the tax-free limit, UHY Hacker Young has advised.<\/p>\n<p>&#13;<\/p>\n<p>Ian Dickinson, tax director at UHY Hacker Young, said: \u2018We are seeing far more cases where the costs may work out at marginally more than \u00a3150 a person. This is an easy target for HMRC as it receives more tax while not having to pursue many employees for relatively small amounts.<\/p>\n<p>&#13;<\/p>\n<p>\u2018&#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<div>\n<div>\n<p>With many companies holding office Christmas parties &ndash; and with their staff gifting items or cash to friends and family &ndash; there have been &lsquo;far more cases where the costs may [be] more&rsquo; than the tax-free limit, UHY Hacker Young has advised.<\/p>\n<p>Ian Dickinson, tax director at UHY Hacker Young, said: &lsquo;We are seeing far more cases where the costs may work out at marginally more than &pound;150 a person. This is an easy target for HMRC as it receives more tax while not having to pursue many employees for relatively small amounts.<\/p>\n<p>&lsquo;&#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/98336"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98336"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/98336\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}