FBT

Giving gift cards as Christmas present to your employees? Beware, not all gift cards are tax deductible!

Giving gift cards as Christmas present to your employees? Beware, not all gift cards are tax deductible!

18th December 2018

Are you planning to give your employees a gift card this Christmas? To be deductible the total given needs to be under $300 per employee…

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Let the festivies begin! Christmas Party & Gifts!

Let the festivies begin! Christmas Party & Gifts!

4th December 2018

Fringe Benefit Tax (FBT) & Christmas Festivities Gifts It is a great idea to reward your employees’ hard work throughout the year. However don’t get…

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Fringe Benefits Tax (FBT)

Fringe Benefits Tax (FBT)

3rd May 2018

Fringe benefits tax (FBT) may need to be paid when an employer provides certain benefits to their directors or employees, extending to family members and…

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Fringe Benefit Tax

Fringe Benefit Tax

3rd May 2018

Your business Christmas entertainment (party & gifts) are income tax deductible if they are subject to FBT. However, there would also be tax that is…

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