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Christmas parties can be great fun, as long as you don’t let Fringe Benefits Tax (FBT) ruin the party. If not managed correctly, FBT can lead to unnecessary tax bills. 

If you are not sure which of the benefits you provide to your employees are subject to FBT then check out the ATO’s guide to make it easier to work out whether you have an issue to consider. Click here for further information.

As always, if you have any questions regarding how this might apply to your business, please feel free to give us a call.

General Advice

The information provided by Bentleys (Sunshine Coast) Pty Ltd does not constitute financial product advice and is for general information only. It is written without taking into account any individuals personal objectives, situation or needs, and is not intended as professional advice. Any person acting upon such information without receiving specific advice, does so entirely at their own risk. Please contact your Accountant to discuss your personal situation before relying on this information.