SE21693 - Benefits: Christmas parties and other social functions: function not within concession: example

Extra Statutory Concession A70

A company holds an annual Christmas party for all its staff. The average cost of this is £45. This is exempt under ESC A70 ( SE21690).

In addition the company holds an annual party at Christmas for its directors at which the cost per head is £25. This function is not open to staff other than directors. Consequently it is not covered by the Concession. The full benefit is chargeable on directors attending.