Deduct the costs of parties and team events
100 %
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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