Tax Facts
Entertainment
Entertainment expenditure is limited
to a 50% deduction if it falls within 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. while
travelling on business. |
There are a number of exemptions from these rules,
please contact us if you are unsure, or see the IRD
Entertainment Expenses (IR268) booklet for more
information.
|