Home
Firm Profile
Contact Us
 

 Entertainment


Entertainment expenditure is limited to a 50% deduction if it falls within the definition of specified entertainment and include the following:

  1. Corporate Boxes
  2. Holiday Accommodation
  3. Pleasure Craft
  4. Food & Beverages consumed at any of the above or in other specific circumstances 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 talk to us if you are unsure.

Back to Tax Facts Index

Create, manage and build your e-business.

Copyright Wood Walton Chartered Accountants 2004

 
Home | Firm Profile | Our Services | Tax Facts | Key Dates | Internet Links | Newsletters | Contact Us
   Go »