Have you ever wondered about the origin story of your business? What drove you to start it in the first place? It’s a question that often gets overshadowed by the day-to-day hustle and bustle of entrepreneurship.
Setting the right salary level for your employees is essential to finding the right people to help you run your business. However, it can be difficult to determine the most appropriate level based on your business and what it can afford while also being attractive to prospective employees.
At the end of the year, you may be looking for extrinsic ways to thank your hardworking employees or faithful customers/clients.
A work Christmas/end-of-year party may be a method employed by many businesses to demonstrate their gratitude towards staff, but the expense can be a deciding factor.
While your business may not necessarily be planning an extravagant bash after the events of this year, a Christmas party may be on the menu for your hard-working employees.
Planning out your Christmas party in a COVID-safe manner with a little knowledge of the tax deductions you might be able to claim back can make the giving a little sweeter this year.