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Client gift expenses and tax deductibility - Walker Wayland
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WebMay 23, 2024 · IRD is authorised to require an SBCS applicant to register for an NZBN and to provide the NZBN to IRD. (2) In this regulation, SBCS applicant means an eligible entity that applies to IRD for a loan under the small business cashflow scheme (as defined in section 7AA of the Tax Administration Act 1994). WebInland Revenue Information Release Small Business Cashflow (Loan) Scheme – 2024 Cabinet papers March 2024 . Description . This information release includes Cabinet … WebJul 13, 2024 · Client gift expenses and tax deductibility. If you provide a gift to a client, depending on the type of gift, you may be able to claim a tax deduction. It may be completely deductible or only 50% deductible. If the gift is in the nature of ‘entertainment’, such as food and wine, it will be 50% deductible. If gifts consist of food or drink ... floor lamp with long shade