Staff Gifts, End Of Year Celebrations + FBT

Pictured: Michelle Flowers standing smiling with one hand on her hip in a light blue top and black pants. Behind her is an image of a dark night sky with a love heart made from prink sparks.

As Halloween is over and people are starting to decorate Christmas trees, bringing out the Elf on a Shelf, or dusting off the grinch, you might also be starting to plan your year-end celebrations

Fringe Benefits Tax

Empty restaurant being set up for service, a beautiful large green plant on the left hand side, beautiful brass coloured low hanging lights over the empty tables with wine glasses set out and outside on the right hand side window you can see boats docked

FBT was originally conceived to target cars, travel and restaurant meals for executives, business owners should be of the obligations, opportunities, and the risks that FBT poses.

Christmas + FBT

Canny Group are your expert accountants when it comes to the Christmas season and Fringe Benefits Tax

FBT is payable by employers on the value of certain benefits that have been provided to their employees in respect of their employment.