Nothing invoiced until the night's confirmed. If it never confirms, you've paid nothing.
Is that a lot?
Compared to what?
Entry prices for the things your clients already get invited to. All published, all per person, checked 14 October 2026. Mine's plus VAT, and the sources say which of theirs are.
Keith Prowse, official partner. The Lawn, 2027. £1,395 plus VAT.
Silverstone 2027 brochure. Racing Green, race day. £1,289 including VAT.
The R&A 2027 brochure. Premium, Thursday 15 July. £975 plus VAT.
Allianz Stadium Twickenham. Rose Garden, 13 March 2027. £899 plus VAT.
Gordon Glenister. £10,000 plus VAT for 10 to 12 guests.
Banking Tech Awards, 3 December 2026. One seat, £795 plus VAT.
LTA, HSBC Championships 2027. Love Fifteen, £565 plus VAT.
Arsenal official hospitality. Club 1886, from £520 a person. VAT not stated.
Four Tuesdays, 80 seats, £40,000 plus VAT for the year.
Racing Breaks, official partner. The Venue, 2027. £499 plus VAT.
Eventmasters, official supplier. The Pavilion, 2027. VAT not stated.
Edgbaston 2027, from £349 a person. VAT not stated.
Hover a row to see where the number comes from.
Tap a row to see where the number comes from.
Most of those cost your client a working day. Mine costs them an evening.
The old way
An executive roundtable dinner
From £833 a guest, plus VAT
Ten to twelve people round a table, one from each company, and somebody moderating.
Mine
A seat at The Residency
£500 a seat, plus VAT
Three or four people from each account, a dance floor, and nobody at the front.
Sources. Published entry prices, so "from", per person. Wimbledon, Keith Prowse, the Championships' official hospitality partner, The Lawn 2027, £1,395 plus VAT. The British Grand Prix, Silverstone 2027 hospitality brochure, Racing Green, race day Sunday, £1,289 including VAT, so £1,074 plus VAT. The Open, The R&A 2027 hospitality brochure, Premium, Thursday 15 July 2027, St Andrews, £975 plus VAT. England v Scotland, Allianz Stadium Twickenham, British Airways Rose Garden, Saturday 13 March 2027, £899 plus VAT. Roundtable dinner, Gordon Glenister, executive roundtable dinner in London, £10,000 plus VAT for 10 to 12 guests, so from £833 a guest. Tech awards dinner, Banking Tech Awards, 3 December 2026, Hilton Park Lane, individual seat £795 plus VAT. Queen's, LTA, HSBC Championships 2027, men's event, Love Fifteen, £565 plus VAT. Premier League football, Arsenal official hospitality, Club 1886, from £520 a person at Arsenal men's games. Cheltenham, Cheltenham Festival 2027, The Venue, from £499 plus VAT, via Racing Breaks, an official Jockey Club partner. Royal Ascot, Royal Ascot 2027, The Pavilion, from £425 a person, via Eventmasters, an official hospitality supplier appointed by Ascot Racecourse. An Ashes Test, Edgbaston 2027, hospitality from £349 a person, Edgbaston's own announcement, 17 August 2026. Checked 14 October 2026.
Straight up
Five things before you ask.
Not deductible
Add twenty per cent and get no relief on any of it.
Dearer than hiring a room
It should be. A room doesn't come with the line-up.
No report after
Photographs and a short film. Nothing about your guests.
Turnout is yours
Your clients and your invitations. I won't put a number on who turns up.
No stage time
Nobody gets five minutes at the front. Not me, not you.
The practical bits
When you pay, and what you're committing to.
Four invoices of £10,000 + VAT
Night one, 23 Mar
Invoiced 22 Jan
Within 30 days
£10,000 + VAT
Q2
Invoiced 1 Mar
Paid by 31 Mar
£10,000 + VAT
Q3
Invoiced 1 Jun
Paid by 30 Jun
£10,000 + VAT
Q4
Invoiced 1 Sep
Paid by 30 Sep
£10,000 + VAT
Q2, Q3 and Q4, each date confirmed in writing once the venue's held. Your four nights are the first four confirmed after you sign, whatever the year.
Sign by 22 January to be in the room on 23 March.
Payment, term and tax for The Residency
The Residency
The price
£40,000 a year plus VAT. Four invoices of £10,000 plus VAT, so £12,000 four times a year, £48,000 including VAT in all.
How it's billed
Each night is invoiced on the 1st of the last month of the quarter before, and paid by the end of that quarter. So nothing is booked for a night until it's paid for. The first night is the exception: invoiced 22 January, paid within 30 days. Payment is by bank transfer.
Term
Twelve-month commitment. Twelve months from your first night, or until your fourth night has been delivered, whichever is later.
Leaving
You may cancel at any time. The fee for the term remains payable.
One night instead
£15,000 plus VAT, one invoice, paid in full in cleared funds within 14 days of the night being confirmed.
Tax
No corporation tax relief, and the VAT isn't recoverable. Same as any client entertaining (HMRC VAT Notice 700/65).
Not included
Getting guests there or home, hotels, gifts, and VAT. Every price is plus VAT and that's the only extra.
The overview
Twelve pages. Easy to forward to whoever signs it off.
The one-pager
The whole thing on one page.
Need it signed off? Here's the write-up, ready to forward to your boss or finance. Procurement need a supplier pack? It's on the write-up.
Nothing invoiced until the night's confirmed · Every line of the spec, or you don't pay for what's missing · I never pay a supplier out of money you haven't sent