Food & Entertainment

For most of us Food and Entertainment is not a tax deductible expense however in some cases it is.

For Example

  • If you provide entertainment for staff or clients, some of these business entertainment expenses are tax deductible.
  • Some examples of fully deductible entertainment expenses are food and drink:
    • while travelling on business
    • at promotions open to the public
    • at certain conferences.
  • Some other entertainment expenses are only 50% deductible. See the IRD’s booklet¬†Entertainment expenses (IR268)¬†for more information.
  • To support your claims for business entertainment expenses you should keep invoices and receipts.