The Chasers Channel

TCC 24 - Claiming Tax Deductions for Christmas Parties & Gifts
The Chasers Channel - Empowering Small Business Owners to Achieve the Dreams They are Chasing.



It’s that time of the year when the spirit of Christmas is truly alive – the decorations are up everywhere, Mariah Carey is stuck on auto replay in shopping malls and businesses are looking to celebrate with their Teams at the annual Christmas Party and provide them with Christmas Gifts.

This episode is about the costly mistake that employers often make when playing Santa for their Team and then trying to claim the Christmas Party and Christmas Gifts.

What you’ll learn: 

  • (0:13) Introduction: The Costly Mistakes of Christmas Celebrations
  • (0:42) General Advice Disclaimer
  • (1:15) Embracing the Spirit of Christmas in Business
  • (2:11) Understanding Tax Deductions for Christmas Parties
  • (3:12) Ensuring Your Christmas Party is Tax Deductible
  • (3:38) Responsible Alcohol Service at Christmas Parties
  • (4:19) Tips for Serving Alcohol Responsibly
  • (4:47) Tax Deductible Christmas Gifts: Key Guidelines
  • (5:43) Common Mistakes When Claiming Deductions
  • Loads More…

Links and Resources:

Australian Taxation Office (ATO) – Fringe Benefits Tax

Australian Taxation Office – Gifts and Benefits

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