Christmas Parties & Gifts 

If a business holds a Christmas party:

• on a working day, at the business premises, and only for current employees, no FBT applies
• off business premises, or the party includes associates of employees (such as their partners), no FBT if the party is a minor benefit where:

– cost for each person is less than $300; and
– it would be considered unreasonable to treat it as a fringe benefit

• there is no FBT for the costs relating to clients

See summary below: