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FBT, The Holiday Season & Your Employees

TaxBy admin14 November 2022Leave a comment
Nov142022
Tax

At the end of the year, you may look for extrinsic ways to thank your hardworking employees or faithful customers/clients. A work Christmas/end-of-year party may be a method employed by many businesses to demonstrate their gratitude towards staff, but the expense can be a deciding factor. Christmas/holiday parties are regarded as “entertainment” expenditures, which means…

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