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    buckers_wv
    Tax expenses - entertaining clients?
    • #1
    • 22nd Apr 08, 2:23 PM
    Tax expenses - entertaining clients? 22nd Apr 08 at 2:23 PM
    Hi all,

    I'm self employed, and I received my tax return forms through recently.

    One part says (on page SEFN 5) about business expenses, and says "Some expenses are not allowable for tax purposes, for example, entertaining clients, even if such entertainment directly led to new business".

    I'm confused, i thought it was ok to take your clients out to lunch etc?

    Theres a list of allowable expenses, and disallowable ones. Entertaing appears in the disallowable one.

    Can someone please enlighten me, as nearly every self-employed/small business owner has told me that it's ok to do this now and again.

    Cheers,

    Chris.
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