Employee rewards

Employee rewards

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One of my clients has queried how he needs to treat the costs of rewarding his employees.  He is planning on taking them on a trip to Cardiff, but wants to know if/how he can treat the costs for tax purposes.

My understanding is that this is allowable providing it is only open to all staff of the company and is not part of client entertaining, etc - i.e. wholly and exclusively for business purposes?  However, he would need to provide for this in his annual Settlement Agreement with HMRC.

Any thoughts, gratefully received.

Thanks!

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