menu
Testimonials

FAQ

What marketing and entertainment expenses can I claim as tax deductible expenses?

You can claim the following as tax deductible marketing and entertainment expenses:

  • advertising in newspapers or directories [online or offline?]
  • bulk mail advertising (mailshots)
  • cost of providing free samples
  • website costs
  • staff entertaining – for example, a staff party, up to £150 per year. Directors are classed as employees for this purpose.
  • providing catering during a training workshop, if you are under a contractual obligation to do so.

You can’t claim for:

  • entertaining clients, suppliers, customers or professional contacts, unless it’s on a quid pro quo basis – such as buying someone lunch in exchange for them giving you the benefit of their knowledge on a specific topic for free.
  • event hospitality.

Do you still have questions? Get in touch with our accounts team to find out more about how they can help you.

Get in Touch

To find out how we use and protect your personal data, please read our privacy policy

Accounts services

We provide a comprehensive range of cost effective accounts services including accounting, bookkeeping and management information services. These are designed to supplement any internal resources or to be a fully outsourced solution. You will benefit…

Bookkeeping

An effective bookkeeping system is essential to the success of your business. WMT helps you make the most of this first vital step in your business management by combining our expertise and skills with the…

Management accounts

Management information plays a pivotal role in successfully managing your business and moving it forward. The WMT approach goes beyond data evaluation and focuses on value creation. You can choose to have monthly or quarterly…

Business consulting

Our business advice service provides you with guidance throughout the whole of your business’s lifecycle. We develop a deep understanding of your key business drivers, which enables us to provide advice and support at every…

Employee share schemes

Employee share schemes can help you recruit, retain, and incentivise employees by giving them a direct financial interest in the success of your company. Shares can be given as a reward for achieving performance goals…

Starting a business

Starting your own business is a truly exciting time. It takes a lot of courage and stamina to face financial risk and stay motivated in uncertain times. WMT business start-up team will help you get…

Corporate finance

With our extensive commercial experience and technical know-how, our corporate finance team are well-equipped to help you with your corporate transactions. Having established a deep understanding of your business needs and goals, we are able…

Top