Consider Fringe Benefits Tax this festive season

Employers need to consider fringe benefits tax (FBT) obligations when organising office Christmas parties and gifts for their employees and associates.

Depending on the circumstances, these activities may create FBT liabilities. For example, they may have an FBT obligation if:

  • the party is held off the business premises
  • the party costs $300 or more per head
  • they give their employees a Christmas gift

The attached ATO fact sheet Fringe benefits tax and Christmas parties outlines the possible FBT implications.

Recent Comments

No Comment.


Our Location

MJA Business Solutions
Suite 2 & 3/24 Edgar Street,
Coffs Harbour NSW 2450

The Big Red Building
Cnr Mildura & Edgar St

PO Box 4504
Coffs Harbour Jetty NSW 2450

Make Appointment

Please fill up the form below.