Disallowed Expenditure - Entertaining and Gifts Flashcards by Verity Russell | Brainscape

Q

Expenditure relating to client entertainment is…

A

Disallowable

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Q

Expenditure relating to staff entertaining is…

A

Allowable

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Q

The gift of trade samples to customers is

A

Allowable

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Q

Gifts to customers are…

A

Disallowable unless:
- cost < £50 per recipient per year
- not drink, food, tobacco or voucher
- carries conspicuous advertisement

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Q

Gifts to employees are

A

Allowable

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