Thinking about treating your team this Christmas? There are many great ways to reward loyal staff, but before you buy gifts, it’s worth keeping tax considerations in mind.

When it comes to staff gifts, Fringe Benefits Tax (FBT) rules can make things a little tricky. To maximise your tax deductions, remember these two key points:

1️⃣ The gift must cost less than $300 (GST inclusive) per staff member.
2️⃣ It must be a non-entertainment gift.

If both apply, you can claim a full tax deduction and GST credits, with no FBT payable.

A few quick examples:
🎁 Non-entertainment gifts – flowers, hampers, gift vouchers, or even a nice bottle of wine.
🎟️ Entertainment gifts – event tickets, flights, or holiday accommodation.

Spend wisely and keep those numbers working in your favour this festive season.