‘Tis the season for giving…but what can you claim back?
Gifts, bonuses, parties, and more: here’s a brief breakdown of what you can and can’t claim this festive season. Employee giftsGifts that are not subject to the entertainment tax rules (vouchers, hampers, flowers) are fully deductible and exempt from Fringe Benefit Tax (FBT) if they cost less than $300 per employee per quarter, and the […]
