Don't let the taxman spoil the party

In these difficult times, the need to reward and support your team is ever more important: many businesses will be considering how to make the most of their festive events and rewards to engage with employees and to help mitigate staff turnover. HR teams and event organisers will want to get the messaging and practicalities right to make sure their employer is shown at its best and there are no hiccups. 

Many businesses will be looking at providing staff rewards and additional support beyond the traditional festive party this year to help employees cope with the cost-of-living crisis. If you feel that a staff party is not appropriate right now, there are many other ways employers might want to assist employees to have a good festive season. However you choose to reward your employees, it is important ensure that the tax angles are not forgotten: getting things right first is an essential ingredient for success both in terms of stretching the budget that bit further and ensuring that the unexpected pitfalls of some complicated tax rules are avoided. 

Read our guide to put yourself in the best position to reflect on a successful event!