Are Christmas Gifts and Christmas Parties Claimable?
Happy New Year! You are most likely open for business again after the Christmas period and before you closed your doors for a long overdue break held a Christmas party for your staff and let them know how much you appreciate all of their hard work with a "Christmas gift". Now it is time to enter the invoices for those transactions but where do you put them? Can I claim GST? Are they tax deductable? What does Fringe Benefits Tax (FBT) have to do with our Christmas party and st