Clubs Australia Welcomes the Coalition’s $20,000 Tax Deductions for Small Business Lunches

Clubs Australia has welcomed the Coalition’s proposal to introduce a capped tax deduction for small businesses of $20,000 for business-related meal and entertainment expenses.

The move, announced by Opposition Leader Peter Dutton earlier this week, would be a significant win for clubs across the country, particularly in light of soaring operating costs and a downturn in patronage due to cost-of-living pressures. 

Executive Director of Clubs Australia, Rebecca Riant, said the proposal would be well received by the club industry. 

“Any policy that encourages increased patronage at hospitality venues — especially in the current economic climate — would be welcomed with open arms by clubs across the country,” said Ms Riant.

“The proposed $20,000 capped tax deduction would allow small business owners to use club facilities for business-related meals and events, driving foot traffic into not-for-profit community clubs and giving them a much-needed financial boost.

“We encourage the reduction of red tape in this area and this proposed policy aligns with Clubs Australia’s advocacy for fringe benefits tax reform. We will continue to advocate for similar policies that support the growth and sustainability of the club industry.”