Be careful if you deduct this fee
Service clubs such as Rotary, Lions or Round Table are not deductible expenses. The same goes for your tennis ๐พ, golf or dance club membership .
An exception ? Yes, as always in taxation! Your subscription is 50% deductible as a reception expense if you can prove that it enables you to maintain or increase your taxable income.
๐ก To justify the increase in taxable income, you can keep a list of clients or patients from meetings made via this club.