Accountants...
Discussion
Company A offers a sales incentive holiday to the top sales employees and other outstanding employees costing c.£5k per employee, all expenses paid, hotel, flights, entertainment, travel money.
Company A pays the tax & NIC liability that arises from this to HMRC, to ensure it is a truly all expenses paid trip for the staff.
Question - Does the company need to include the 'Trip inspection' costs in the tax/NIC calculation at c.£15k? Or could this be excluding as it doesn't necessarily benefit the employees directly and is the companies costs for developing a sales incentive scheme?
Company A pays the tax & NIC liability that arises from this to HMRC, to ensure it is a truly all expenses paid trip for the staff.
Question - Does the company need to include the 'Trip inspection' costs in the tax/NIC calculation at c.£15k? Or could this be excluding as it doesn't necessarily benefit the employees directly and is the companies costs for developing a sales incentive scheme?
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