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 & drink provided off business premises
  5. Food & drink consumed at any of the above or in other specific circumstances eg. while travelling on business.

Please see the entertainment business expense guide for examples on how the rules apply.

As there are a number of exemptions from these rules please contact us if you are unsure, or see the Inland Revenue Entertainment Expenses (IR268) booklet for more information.


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