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All expenses > Parties and team events
Parties and team events
Tax audit risk
Easiness to justifyAverage amount deducted€ 500-3000 per yearFrequency2-3x per year
Easiness to justifyAverage amount deducted€ 500-3000 per yearFrequency2-3x per year
Deducted by95% of independentsRecommended by0% of independentsDo you deduct this expense?Would you recommend this expense?
Are you planning to invite your team’s family?
These costs are 100% deductible if this event takes place ONLY once a year, is for ALL staff members and if the cost per staff member remains low (except for the pension departure).
For VAT deductibility, you will have to look at it on a case by case basis:
– The costs of decoration (including flowers) and entertainment are fully deductible;
– Purchase costs for strong drinks, tobacco and accommodation are not deductible.
– The costs of meals and drinks are not deductible for VAT purposes if the service is provided by a professional (e.g. caterer).
⚠️ Until the end of 2020, catering and event costs are 100% deductible. This is one of the measures that the government took in the context of the corona crisis.
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