Current location - Recipe Complete Network - Catering franchise - Reimbursement rate for consulting management company's food and beverage expenses
Reimbursement rate for consulting management company's food and beverage expenses
Reimbursement ranges from sixty to one hundred percent depending on the purpose.

Food and beverage expenses (if incurred for entertaining clients) are deductible as follows: business hospitality expenses incurred by an enterprise in connection with its production and operation of business are deductible at sixty percent of the amount incurred, but the maximum amount shall not exceed five one-thousandths of the current year's sales (operating) income. Catering expenses (if they are incurred for employee meals) are deductible as follows: employee welfare expenses incurred by an enterprise shall be deductible up to 14% of the total wages and salaries. Catering expenses (if they are incurred in the course of business trips), according to the actual deduction, there is no limit on the percentage.