Did you know that you could deduct expenses for an amusement park, theme park or any centres operation?
Amusement park operators are in charge of the overall operations of an amusement park. For instance, they’re responsible for duties ranging from hiring new employees to supervising the park’s security staff. They are responsible for keeping the park profitable, safe and enjoyable for guests.
The following are expenses that you can typically deduct:
- Booth prizes – teddy bears, stuffed animals, inflatable toys, goldfish, etc.
- Depreciation value of rides and booths
- Maintenance of rides and booths (ie: paint)
- Admission tickets/wristbands, ride tickets/wristbands