Hosting a Christmas party this holiday season?

As the festive season approaches and you plan staff events or offer perks like entertainment, it’s important to understand how fringe benefits tax (FBT) may apply.

Whether you're in business, a not-for-profit organisation or government, providing entertainment to employees can trigger FBT liabilities, and it’s important to be aware of the rules before making any arrangements.

The Australian Taxation Office (ATO) has put together a handy guide on what qualifies as entertainment and how to manage your tax obligations during the holiday season.

Familiarise yourself with the rules and avoid unexpected costs by visiting the ATO’s entertainment-related fringe benefits page.