As the end of the year approaches, the ATO is reminding employers of their Fringe Benefits Tax (FBT) obligations when planning workplace celebrations, staff parties, events, and gifts. While many employers provide food, drinks, or small gifts during the festive period, some of these benefits may be exempt from FBT.

The ATO is highlighting the importance of payroll governance and reminding employers of their core responsibilities, including: Pay as you go (PAYG) withholding Single Touch Payroll (STP) Fringe Benefits Tax (FBT) Super guarantee (SG)