This webinar will review the rules that apply to specific entertainment expenses where their tax deductibility is limited 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

Upon satisfactory completion of this activity, you will be able to:

• Discern which types of entertainment expenditure is only 50% deductible
• Identify practical tax issues with entertainment
• Recognise the tax implications of entertainment expenses

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. You’ll learn from Mike’s 40 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.