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Notes Online Home 2016 FBT Meal Entertainment - No Mess, No Fuss and No Mistakes
These seminar notes will address the concept of what is entertainment as well as the associated FBT, GST and income tax consequences for employers, under the following broad headings:
- Dealing with the concept of ‘entertainment’ for FBT purposes
- Fundamentals of when food and drink is considered ‘meal entertainment’
- Applying the valuation methods to meal entertainment
- Dealing with meal entertainment in common situations
- Income tax-exempt employers and entertainment