Part 5Employment income: deductions allowed from earnings

Chapter 2Deductions for employee’s expenses

Disallowance of business entertainment and gifts expenses

356Disallowance of business entertainment and gifts expenses

1

No deduction from earnings is allowed under this Part for expenses incurred in providing entertainment or a gift in connection with the employer’s trade, business, profession or vocation.

2

Subsection (1) is subject to the exceptions in—

a

section 357 (exception where employer’s expenses disallowed), and

b

section 358 (other exceptions).

3

For the purposes of this section and those sections—

a

entertainment” includes hospitality of any kind, and

b

expenses incurred in providing entertainment or a gift include expenses incurred in providing anything incidental to the provision of entertainment or a gift.