Christmas party FBT

How can you avoid paying FBT for your work Christmas party?

The holiday season is almost here, and work celebrations and gifts are the flavour of the month.  Many employers want to show their appreciation to their team by hosting a Christmas party and – perhaps – providing some gifts, and then winding…
Brisbane Business Accountant - Fringe Benefits Tax (FBT) 2016

FBT 2016: 5 Things Every Business Should Know

How do I know if I need to pay FBT? What is exempt from FBT? And what to be aware of from 1 April 2016.     The FBT rate increases from 47% to 49% from 1 April 2016. Employers need to take this new rate into account with current or new salary…