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Colin loves to discuss about tax and bookkeeping related issues. Please check back frequently for more updates. Archives
January 2020
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Having Fun in the Workplace7/28/2019 Having fun in the workplace can significantly improve productivity and performance. Employees also are generally more loyal to the company. Not only that, having fun in a workplace:
How does one have fun in workplace? The commonly acknowledged way to do that is to provide entertainment related items in the workplace. Equipment, such as gaming consoles, cable TV, pinball and Foosball machines, etc, can be purchased and provided for employee use during work breaks. The Australian Tax Office is aware that workplace culture has changed, and entertainment related equipment in the workplace can actually increase employee productivity. Hence, for each item of equipment that costs less than $30,000 (as at the time of publishing this blog), the entire amount will be tax deductible upfront.
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