At Cordner Advisory, we believe that knowledge is power, especially when it comes to navigating the complex landscape of business and finance. Our Business Insights Blog is your trusted resource for a wealth of invaluable tips, expert insights, and updates in the world of finance, taxation, accounting, compliance, SMSFs, private advisory, and more. Explore our blog and unlock the insights that can take your financial journey to new heights.
Cordner Advisory Blog
When Is a Gift Not a Gift? Understanding Business Gifting and Tax Rules
Gifting in business is more than a kind gesture—it’s a strategy. But did you know the ATO has strict rules on what counts as a tax-deductible gift? From client hampers to employee rewards, not all gifts qualify, and some could leave you with unexpected tax obligations. Learn how to navigate the rules, avoid Fringe Benefits Tax (FBT) surprises, and make every gift count for your business.
