FBT on Christmas Parties

Zoe Wainscott 24 November 2022

It’s the end of another long year, which means only one thing – it’s party time!!

But before you start planning the most epic bash your employees have seen, it’s important to consider the tax consequences of the fun that you’re planning.

Unfortunately, there are numerous issues with expenses incurred in relation to the Silly Season, including income tax, GST and FBT complications.

Here’s a brief rundown of what may and may not be deductible:

If in doubt, please contact us to discuss your plans.

Insights and Resources

blog-cover-MAR2025-PROPERTY-DEV-ESSENTIAL-FINANCIAL-CONSIDERATION

Blog

Property Development for Builders: Essential Financial Considerations

Property development offers substantial opportunities for builders but navigating complex ...
Read more
blog-cover-FEB2025-STRATEGIC-TAX-PLANNING

Blog

Strategic Tax Planning: Retain More of Your Hard-Earned Profits

As a business owner, you dedicate countless hours to maximising your profits throughout th...
Read more
110684

Events, Webinar

Property Development Tax Tips for Builders

We recently hosted an insightful webinar on Property Development Tax Tips for Builders, wh...
Read more
Tax