can we deduct entertaining expenses?
The tax rules on the deductibility of entertaining expenses are harsh and often misunderstood – the fact that the expenditure is incurred for businesses purposes does not make it deductible. Subject to certain limited exceptions, no deduction is allowed for business entertaining and gifts in calculating taxable profits. what counts [...]
tax implications for gifts and if entertaining clients or throwing an office Christmas party.
Now that the trick or treating is done and the fireworks have all been lit and hot dogs eaten, it is inevitable that most of us are starting to think about Christmas. We have included some useful advice on a few topics related to Christmas, including possible tax implications for [...]
office news – the team at appleleaf accountancy have had two reasons to celebrate recently.
new addition to the appleleaf family Director Matthew Portess and his wife Cara welcomed their first child last month. Toby Portess was born on Tuesday 8 October, weighing 7lb 3oz, and both Toby and Cara are doing well and settling in at home now. Matthew swapped his calculator for nappies during [...]
