Kiwi tour

My clients are a husband and wife who are two of the partners in a five-partner farming partnership. A little while ago they spent several weeks in New Zealand. While there they spent some of their time on holiday but also spent some time studying farming techniques and fact finding at various farms.

They have now sent in the partnership books and records for their last accounting year which has just ended. They have included invoices relating to their flights accommodation and food costs while there and are intimating that this should be allowed as a business expense.

I should be most grateful if Taxation readers can advise me whether I can allow this in full? Alternatively can I claim a proportion of the costs perhaps based on the number of days they holidayed and the number of farms they visited?

Query 17 424...