Work Christmas parties and fringe benefits tax

25th November 2016 | News

With Christmas around the corner, small businesses will need to take into consideration if they will need to pay fringe benefits tax (FBT) when rewarding employees with gifts or parties.

For your work Christmas party, the ATO recommends that small businesses consider the following:

For Christmas gifts, small businesses will need to give thought to:

For more information, visit the ATO website.