Entertaining expenses
accounts123x
Registered Posts: 8 New contributor 🐸
Sorry if this is an old chestnut for some.
Are there any circumstances in which the following is allowable as a tax deductible expense:
- putting on a slideshow/nibbles for a group of potential customers
- providng a venue for networking and providing sarnies etc
not sure if considered entertaining or advertising/pr?
Any input greatly appreciated
Thanks and regards
Are there any circumstances in which the following is allowable as a tax deductible expense:
- putting on a slideshow/nibbles for a group of potential customers
- providng a venue for networking and providing sarnies etc
not sure if considered entertaining or advertising/pr?
Any input greatly appreciated
Thanks and regards
0
Comments
-
With respect, I can't imagine your slideshow is that entertaining so I would definitiely put that to marketing! Associated nibbles should also be fine.
As for the networking event that is going to be a judgement call. If the sarnies are 'prawn sarnies' and the venue is a box at Old Trafford then you are going to struggle..0 -
I agree, if you consider what they mean by "entertaining", I think you're safe!0
-
really appreciate your time....
didnt mention the content of the slideshow (its not me doing it by the way)............
Slideshow was a metaphor - its the general rule im after
where is the line drawn between entertaining and marketing
many thanks0 -
accounts123x wrote: »didnt mention the content of the slideshow (its not me doing it by the way)............
Slideshow was a metaphor - its the general rule im after
where is the line drawn between entertaining and marketing
many thanks
Is the event primarily a marketing event?
Nibbles at a sales talk is, dinner at a football match isn't. There 2 easy examples and there will be many shades of grey inbetween.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 319 NEW! Qualifications 2022
- 157 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 92 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 274 Tax
- 136 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership