Related Commentary  Related HMRC Manuals

264(1)  This section applies to an annual party or similar annual function provided for an employer's employees and available to them generally or available generally to those at a particular location.

264(2)  Where in the tax year only one annual party or similar annual function to which this section applies is provided for the employer's employees, or the employees in question, no liability to income tax arises in respect of its provision if the cost per head of the party or function does not exceed £150.

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