Who would’ve thought that your Christmas Party involves taxation? Unfortunately, it does. Christmas parties may incur Fringe Benefits Tax (FBT).However, you can take advantage of the $300 (including GST) minor benefit and exemption rule to hold a Christmas function for your current employees and their spouses. Your party will need to be held on...
Tax planning in 2021 will be a little different this year. As part of Xero’s Education Month, we are offering a webinar to give accountants and bookkeepers peace of mind as we head into April.
