entertainment

Entertainment Expenses

Business-related entertainment expenses Very specific rules apply to different categories of entertainment. Some entertainment expenses can be fully deducted, while others can only be 50% deducted. For example, the use of an “executive dining room” is one of the categories you can claim for, but the cost may or may Read full article »


GST on entertainment expenses

Once a year, you or your accountant will have to make an adjustment in your GST return to pay back the GST on the 50% non-deductible expenses you’ve previously claimed . This adjustment is to be included in the GST return that covers the earlier of the date: your income tax return is Read full article »