Fringe Benefits Tax on your Christmas Party

There are many rules surrounding Fringe Benefits Tax and Christmas Parties, although these do no have to be difficult to understand. Since April 2006 the minor benefit threshold was increased from less than $100 to Less than $300. This was to enable employers to conduct Staff Christmas Parties minimising Fringe Benefit Tax (FBT) costs. What you need to know … Continue reading Fringe Benefits Tax on your Christmas Party