ATO reveals small business hit list to combat tax debt

The Tax Office hopes shedding light on its enforcement priorities will improve taxpayer compliance. 

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What are the FBT implications of Employee Christmas Parties and Gifts?

The Christmas break-up party and/or gifts to employees can be exempt from Fringe Benefits if a few rules are followed.

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Assess a business before you buy it

Ensure the business you buy is a worthwhile investment

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Christmas Parties and Taxi Fare/Rideshare – FBT implications.

Some employers, who are commendably anxious to protect their employees and clients from the drink/driving laws, often pay for taxis/rideshare to and from the place of entertainment. 

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