Johor Bahru Accounting Firm

Accounting Knowledge – Company’s Chinese New Year expenses are tax deductible?

angpow Accounting Firm (Bandar Dato Onn ACCOUNTANT) 新山会计楼

Company’s Chinese New year Non-Deductible Expenses

1)Angpow –  Staff’s Angpow is non-deductible. If the company is not declared in the EA Form.

2)Company’s Annual Dinner -Tax Deductible

3)Lion Dance – Non-deductible. The expense is not related to generating business income

4) Hamper Expenses (Entertainment gift) for clients, only deduct 50%

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