How to avoid taxing the corporate away day

When the owner of supermarket chain Iceland took 800 managers on a £5,000 per head trip to Disneyworld in Florida for a company corporate event little did he know the potential tax implications. He is now facing a £2.5 million bill for the tax and NIC due.

Mon, 14 Apr 2014 | Ken Craig, partner at Rawlinsons accountants

When the owner of supermarket chain Iceland took 800 managers on a £5k per head trip to Disneyworld in Florida for a company corporate event little did he know the potential tax implications.  


He is now facing a £2.5m bill for the tax and National Insurance Contributions...

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