Which one of the following expenses would be denied as entertainment and would not be deductible?
Select one:
a. The taxpayer employed a tea lady to serve staff hot drinks and biscuits, costing $18,000 in wages and $5,000 for food and drink.
b. Sandwiches and coke were served during a 3 hour meeting that went from 11am - 2pm
c. Taxpayer paid entertainment allowances to his staff
d. The manager took clients to lunches at a restaurant costing $5,800
Option D will be denied as an expence relating to entertainment .
Entertainment allowence is a fund given to the employees by the companies to pay for client meetings ,food ,drinks ,hostel stay etc ..Manager taking clients for lunch in arestaurent won't be part of this because ,it is not provided to employees but clients.
Which one of the following expenses would be denied as entertainment and would not be deductible?...
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