Allow business entertainment expenses to be offset against corporate tax bills

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Petition Action

Allow business entertainment expenses to be offset against corporate tax bills

Petition Details

I would like the Government to change Tax Regulations to all, offsetting Business Entertainment Expenses against income.

Additional Information

Currently it is not allowed.

If the Government would allow a moratorium on this particular Tax Rule for two years, as of now, it should provide a major boost to the Hospitality Sector and the people employed in that industry.

It should also have the effect of money re-circulating as the Hospitality Sector would be earning money and paying tax on the income plus they would be employing people who in turn would be paying tax.

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