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Post Info TOPIC: Business Entertainment v Marketing
Elaine Rae


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Business Entertainment v Marketing
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I have a client who arranged a presentation for potential clients, and incurred an expense for the higher of a room for the meeting and Refreshments.

I have posted the cost of the room to Advertising and Marketing (VAT to be reclaimed) but the cost of the refreshments to Business Entertainment (VAT not to be reclaimed), but I'm not sure if this is correct; can anyone clarify.

 

Thank you.



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Shamus


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no, not the way to do it.

if you claim it that way then the refreshments are not a valid expense. But, if the refreshments are an incidental expense of the hire of the room then you could include it within the room hire and it is a valid expense.

kind regards,

Shaun,.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Elaine Rae


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That's great, thank you.

Elaine

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