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  #41  
Old 21-12-2011, 02:16 PM
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Just started at new company so nothing I'm assuming.

Old company had a Chrissy dinner on a boat and that's it.
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  #42  
Old 21-12-2011, 02:16 PM
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Work paid for dinner for about 30-40 employees at a chinese restaurant in northbridge
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  #43  
Old 21-12-2011, 02:41 PM
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As mentioned vouchers each member I got them $100 Coles myer vouchers so they can use at several shops including alcohol beverages!!

Plus got the three days off between chrissy an new year for each staff member, which I guess It would equal to $1000/$1500 paid as some are on day rates/doesn't come out of accruals etc....

And introduced a bonus scheme after a crazy year... Geos find stuff and get share price over $1.00 we get Bali trip... Over $2.00 Mauritius !!!! After months of fluttering 11-12 cents, The New board have put us at 16 cents in just two weeks, things could be looking up for early next year!
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  #44  
Old 21-12-2011, 02:43 PM
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Christmas dinner on Friday and a card with some $$ in it usually.
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  #45  
Old 21-12-2011, 02:44 PM
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Quote:
Originally Posted by Strubaru View Post
couple of $k bonus after tax, slap up lunch tomorrow arvo at frasers in kings park... baller spec wine/beer/spirits all laid on

its nice to work for a real engineering firm kymbo want a job?
Yes please... PM me :P

to be fair, our lunch tomorrow is at (A)lure in Burswood, so it's supposed to be pretty good. No doubt it will all be put on, but doubt I will be able to find a full strength beer all day! And I don't even like beer.
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  #46  
Old 21-12-2011, 02:47 PM
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What is a Christmas bonus?
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  #47  
Old 21-12-2011, 03:04 PM
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xmas dinner ( all paid for plus decent bar tab which incl'd spirits!! ) was at Mulberry on Swan the other week

Friday 23rd knock off at 12 then pizzas or BBQ lunch

gifts are a big ass leg of lam and bottle/carton of alcohol of our choice!
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  #48  
Old 21-12-2011, 03:06 PM
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Getting $3k bonus on top of our usual pay for working Xmas and boxing day, and an ok Xmas party.
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  #49  
Old 21-12-2011, 03:22 PM
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Quote:
Originally Posted by mARC View Post
Please feel free to accept one of the following responses:
-Derp;
-Its a drop in the ocean; and
-If all transactions/actions of a business were purely focused on an inflow/tax deductibility perspective a business will never grow, sustain its intellectual infrastructure, develop a consistent quality of tangible/intangible product, yadda yadda.

Edit: A greater understanding of FBT and proximity can help alleviate you're concerns as well as interpreting/widening your horizons of the term 'gift'.

Also the tax treatment of this has been in place for a looooooooooooooooooooooooooooooooong time.
Referring to the small business guys giving out $1500 gift card bonuses etc just pointing out that there could be FBT or tax + super that needs to be paid on these items.

I know lots of people that one year splash out telling everyone it is a tax deduction, then get the bill from the accountant and become a tight ass the year afterwards. Better to know what you are up for and the best accounting way to do things imo.

Personally I would like the ATO to allow a 1 off Christmas bonus up to a certain value that is tax/super charge free. Would also stimulate a lot of spending in the economy.
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  #50  
Old 21-12-2011, 03:30 PM
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From the Big Boss cheap bottle of Red wine
From my Boss bottle of Jonny Walker Black label
and various other alco from our clients - which is slowly going missing
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