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Office Christmas Party: Tax Guide
13Dec

Office Christmas Party: Tax Guide

13 Dec, 2023 | All articles, Tax, General | Return|

Here’s our quick guide to the tax impact of Christmas celebrations. The information is for GST registered businesses that are not using the 50-50 split method for meal entertainment.

 

 

Exempt from FBT?

Tax deductible

GST credits

Christmas party on employer premises on a weekday

 

 

 

Employees

Yes

No

No

Associates of employee (spouses etc.)

If <$300 per head

If $300 or more per head

If $300 or more per head

Customers

N/A

No

No

Christmas party (employer premises on a weekend or external venue)

 

 

 

Employees

If <$300 per head

If $300 or more per head

If $300 or more per head

Associates (spouses etc.)

If <$300 per head

If $300 or more per head

If $300 or more per head

Customers

N/A

No

No

Christmas gifts (assuming the gift doesn’t involve entertainment)

 

 

 

Employees

If <$300 per head

Yes

Yes

Associates (spouses etc.)

If <$300 per head

Yes

Yes

Customers

N/A

Yes

Yes

Christmas lunch with customer at external venue

 

 

 

Employees

If <$300 per head

If $300 or more per head

If $300 or more per head

Associates (spouses etc.)

If <$300 per head

If $300 or more per head

If $300 or more per head

Customers

N/A

No

No