TAX QUESTIONS? YOU ASK LAH!

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Q: Is farewell lunch or dinner eligible to get 100% tax deduction?

A: If the farewell lunch or dinner is held before the staff leaves, it is eligible to claim 100% tax deduction as staff entertainment.

P.S. Because the entertainment is still for your staff, so do it before your staff leaves. 😊

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru