At what point do you stop travelling and start living?

In part three of our series, Hayley Lock and Andy Larmour discuss new ATO guidance that seeks to help employers determine if allowances or benefits provided to an employee relate to travelling on work or living at a location.

Many would say that travelling is the very embodiment of living and that the two are far from being mutually exclusive. However, when it comes to fringe benefits tax, whether an employee is travelling on work or living away from home will often result in very different outcomes for the tax cost of expenses incurred. Concluding our series of articles in response to the Australian Tax Office’s (ATO’s) release of three new documents relating to costs associated with employee travel, today’s ar...

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Authors: Hayley Lock, Andrew Larmour

Published Date: 25 February 2021