Part 5Employment income: deductions allowed from earnings
C1Chapter 2Deductions for employee’s expenses
Annotations:
Modifications etc. (not altering text)
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.
Pt. 5 Ch. 2 restricted (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 33 para. 1(5) (with Sch. 36)