tax facts

it's all part of the strategy

Our focus is to ensure our clients achieve both their business and personal goals.

We do this by keeping them up-to-date on all the latest information that will impact on their financial affairs to ensure they can make informed decisions.

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

  • Holiday Accommodation
  •  Pleasure Craft
  • Corporate Boxes

 Food & Beverages consumed at any of the above or in other specific circumstances are also limited to a 50% deduction e.g. Business Lunches.

All other entertainment expenditure is fully deductible, provided the entertainment aspect is merely incidental.

Please note that if you provide enertainment that is only 50% deductible, you can only deduct 50% of any expenses incurred in providing the entertainment.

There are a number of exemptions from these rules, please contact us if you are unsure.