What is the entertainment expense deduction limit per year?
By Marc Sevitz · Updated
I am helping a small contractor with his books and I would like to know how much he can claim for entertainment expenses? Is there a limit per year? Also assisting my local church and have the same query for their entertainment expenses?
You can claim legitimate expenses, but they must be pure business related. SARS clamps down on entertainment so make sure each expense claim can be justified and accounted for.