This webinar will review the rules that apply to specific entertainment expenses to limit their tax deductibility to only 50%. The webinar will discuss which business-related entertainment expenses are 50% deductible and which are 100% deductible. Specifically, the webinar will cover

• What is entertainment
• Exclusion from 50% deductibility
• Entertainment compared to:

• • Dividend
  • FBT
  • Taxable allowance

• Dealing with extra benefits & employee contributions
• The GST Adjustment required

Satisfactory completion of this course will:

• understand the rules and principles better
• identify relevant tax issues with entertainment
• have a greater awareness of tax implications in each of the areas

Total CPD Hours: 1.25 (1 hour + 15 mins Q&A)

Suited to:
Employers, Corporate Accountants, and anybody in public practice making decisions about deductibility of entertainment expenditure in their business and/or client businesses

PRESENTER

Mike Hadwin, Director, Symmetry Advisory Ltd

Mike has been a regular presenter for TEO Training for 18 years. You’ll learn from Mike’s 35-plus years of tax experience as a public CA and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.