Golf Membership Tax Deduction. 20191212 You cant deduct membership dues and expenses for gym memberships country clubs golf clubs and airline and hotel clubs. A good example are memberships of clubs golf sports or partial payment towards gym membership these benefits would be subject to tax.
If you qualify for the deduction you may deduct 50 of your costs for meals drinks parking greens fees travel to and from the golf course golf club rental golf balls and other similar expenses. 20180910 You would all have to pay extra income tax and your Company would have to pay extra National Insurance. Employee Deductions for Club Dues.
20191125 The Tax Cut and Jobs Act eliminates the deduction for entertainment expenses unless an exception applies.
But if the organization has a golf outing thats socialentertainment and you cant deduct the cost of the outing. 20060501 Golf does qualify for a deduction as associated entertainment when you have the right business discussion in a valid business setting before or after the golf generally the same day. You can however deduct the cost of some outings at these clubs if they are related to your business. For example if you meet a client at his country club and pay for both of your meals you can deduct this expense.
