Christmas Tips For Your Business
Tue 11th Dec, 2012
With the holiday season almost upon us, here are few timely reminders.
- Although not permitted to instruct an employee as to when to take annual leave, exceptions apply for firmwide Christmas closures. Under the Fair Work Act, if your firm is shutting down over the break, then this will be compulsory annual leave for your employees — they won't have a choice for the Christmas break.
- If you are shutting down over Christmas, you may wish to notify major suppliers of your closure and re-opening dates. On an individual level, staff should be setting auto-reply messages on their email, advising those who contact them while they are away of their return date, as this may vary from person to person.
- If you account for FBT under the actual method, keep Christmas gifts and Christmas party expenditures to under $300 per head. By doing this, they will likely be exempt from FBT.