Sole Trader Expenses - Entertainment
Business entertaining is NOT an allowable expense.
Business entertaining is NOT an allowable expense. You SHOULD claim for any such entertaining in your bookkeeping however the cost will not be included when calculating the taxable profits of your business. It therefore does not reduce your business’s tax liability.
For further help, or to enquire about joining our services, please call us on 0845 834 0264 or drop us an email at email@example.com.
This information is for general information only. We take no responsibility for any action taken or refrained from in consequence of its contents. Always seek our professional advice specific to your circumstances before acting.