Tax Questions corporate catering
As part of our service to our corporate catering clients we have produced some answers to common tax questions regarding catering in business situations:
This is a guide only - please seek your own taxation advice.
Does the food and drinks from BOX CATERING attract GST?
Yes, but if you have an ABN and the catering is for a work related purpose, you can claim it back as an inputed tax credit.
Does the food and drinks from BOX CATERING attract FBT?
Catering in-house, i.e. in your own office does not attract a fringe benefits tax, if it's for a work related purpose.
Below is a link to the Australian Taxation Office's ''Fringe benefits tax for small business'' page.
http://www.ato.gov.au/businesses/