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Notes Online Home 2015 FBT Basics Different Types of Fringe Benefits
Living Away From Home Allowance fringe benefits
In this area of the notes we investigate Living Away From Home Allowance fringe benefits. In particular, the following:
- What was the FBT treatment of LAFH-based benefits under the old rules?
- What are the new rules for LAFHA?
- How do the ‘new rules’ apply for employers paying or reimbursing a LAFH employee’s food and accommodation costs?
- Do the ‘new rules’ apply to other LAFH benefits?
- Can an employer still structure a LAFHA to avoid FBT on the food component
of a LAFH allowance? - GST issues related to a LAFHA fringe benefit