Parties and team events
Easiness to justifyAverage amount deducted500-3000€ per yearFrequency2-3x per year
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).