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Post Info TOPIC: Directors Yearly Conference Staff Ent???
Mazza64


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Directors Yearly Conference Staff Ent???
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Hi All, I could do with some clarification

Directors on our payroll and of our other divisions meet up once a year for a big management conference should this be treated as Staff Ent for the Directors on our payroll and Client Ent for the other division Directors not on our payroll?

Thanks

Mazza


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gbm


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What happens at the conference? Presume you ost the conference. What are the costs for?

Thinking that it may be classed as training.

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Nick

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Mazza64


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Hi Nick

The costs are for accomadation, room hire and dinner for around 60 people. They get together once a year to dicuss the business going forward. I have been splitting the bill pro rata in to Staff ent and Client costs so far.

Thanks

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gbm


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think I would argue it was training, it's not really entertaining.

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Nick

Website: www.gbmaccounts.co.uk
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Factsheet | Starting a Business

 
MarkS


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Hi Mazza

Would agree with Nick and argue it is training especially if its purpose is to discuss the strategical development of the business going forward.

Negates any of the costs being disallowed for tax purposes.   Which they would be if client entertainment and potentially staff entertainment over the current limit.

MarkS



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Mark Stewart CA

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Providing accounting, bookkeeping, payroll and tax services to small and medium sized businesses across Central Scotland and beyond.
Mazza64


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Thank you both for your help. I think I will go with Training it seems to make more sense.

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