Christmas decorations could boost your finances

Christmas decorations could reduce your tax bill, according to finance experts. Tax and commercial property expert Chris Roberts, Managing Director of Capital Allowance Review Service , said some festive spending can legitimately reduce your tax bill.

Chris said: “Business owners often don't realise that Christmas decorations can qualify as tax-deductible expenses, provided they meet HMRC's ‘wholly and exclusively’ test for business purposes.” He added: “Festive decorations create an atmosphere that customers remember and staff appreciate. December is often the busiest trading period for a lot of businesses, and those twinkling lights and seasonal touches play a real role in drawing customers in and keeping teams motivated through long

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