Income Tax, FBT, and GST Implications of Entertainment - March 2024 (3 Hours of CPD)

Entertainment is often a high-value expenditure item for businesses. However, its tax treatment for income tax, FBT and GST is often fraught with uncertainty because of the various categories of entertainment that may persist.

By the end of the session, participants will have a clear understanding of the correct treatment of entertainment expenditure and entertainment benefits for income tax, FBT and GST purposes.

In this 3-hour masterclass, we will look at:

• The legislative meaning of entertainment
• The ATO interpretation of what constitutes entertainment
• The scope and effect of the various categories of entertainment
• Traps and pitfalls associated with providing entertainment for clients and employees
• Key tax planning strategies, pertaining to entertainment, expenditure, and entertainment benefits
• And more...

What's Included?

• 90 Days of Recording Access (Unlimited Views) 
• Instant access to the recording and slides
• 3 hours of CPD + Certificate
  
• Included Q&A session