GST & Entertainment Expenses

Making your GST adjustment

You, your Accountant or Bookkeeper will need to make an adjustment in your GST return to pay back the GST on the 50% non-deductible expenses previously claimed. This adjustment needs to be included in the GST return for the 31st March.

Include your adjustment on the GST adjustments calculation sheet (IR372) under Entertainment expenses and in the adjustments total in Box 9 of your GST return.

Please note, you can’t claim this GST adjustment amount as a deduction for income tax purposes.

For more information, please follow the link to access the online guide Entertainment expenses (IR268) .