Christmas Work Party “decision tree” for tax deductions
We provide a simple “decision tree”- flowchart to help businesses work out the general tax implications of the year-end work Christmas party.
When are gift donations deductible?
The ATO allow taxpayers to claim a deduction for a “gift” or for a “contribution” that satisfies certain conditions. While the deductibility criteria do vary, the common requirement arcoss all types is that the recipient must be a “deductible gift recipient” (DGR)-
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