TIP #2Its a Tax Tip!To be used as a guide only - please seek your own taxation advice.GST & FBT FreeDoes 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/ TIPS | COMPS | TESTIMONIALS