Entertainment expenditure is limited to
a 50% deduction if it falls within the following:
-
Holiday Accommodation
-
Pleasure Craft
-
Corporate Boxes
Food & Beverages consumed at any of the above or in other
specific circumstances are also limited to a 50% deduction eg.
Business Lunches.
All other entertainment expenditure is fully deductible, provided
the entertainment aspect is merely incidental.
There are a number of exemptions from these rules, please
contact us if you are unsure.
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