Compassionate business pays!
FROM CRA: Meals are only 50% deductible as a business expense, except for a few types, which are 100% deductible!
- “you incur meal and entertainment expenses for an office party or similar event, and you invite all your employees from a particular location. The limit is six such events per year;
- the meal and entertainment expenses you incur are for a fund-raising event that was mainly for the benefit of a registered charity; “- T4002-16 CRA
So, invite all your staff to have a sweet day with Sweetteeth, and organize a charity benefit for your favourite animal rescue foundation while you are at it.
100% deductible business events and benefit functions are our specialty!
Sweetteeth will be glad to help you stick it to the tax man!
Include a sweet insulated bag and a pint to go, for an employee appreciation event that will keep things cool! We can customize to include your logo, event, or tagline:)