Christmas season for 2015 is starting soon and companies are starting to plan Christmas parties for their personnel. It is good time to remember how these sorts of costs are handled in bookkeeping.
The basis is that internal staff negotiation or training costs are not representation costs. Representation costs are for external partners and in 2015 only 50% deductible in taxation. Personnel refreshment events cost deductibility depends on if the event is for every staff member or only for a certain group. If the event is available to entire personnel then the events costs are fully deductible in taxation. Also alcohol drinks are deductible.
