Entertainment expenditure is limited to a 50% deduction if it falls within the following:

  • Corporate Boxes 
  • Holiday Accommodation 
  • Pleasure Craft 
  • Food & Beverages consumed at any of the above or in other specific circumstances eg. while travelling on business, at promotions open to the public, or at certain conferences. 

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