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Notes Online Home 2019 FBT Meal entertainment – biggest cost and audit risk
In this chapter of the seminar notes we will examine meal entertainment, the biggest cost and audit risks under the following broad headings:
- When does an employer provide entertainment?
- Fundamentals of identifying when food and drink is ‘meal entertainment’
- Methods for valuing meal entertainment
- Applying the valuation rules to particular circumstances
- Tax-exempt employers and entertainment