Travelling for business or living at a location: is it ‘plane’ and simple?

As outlined by Hayley Lock, Andy Larmour and Adam Yii, some employers will have deferred reviews of travel policies pending the release of the ATO’s final guidance.

Having released draft versions earlier in the year, the Australian Taxation Office (ATO) has now released final versions of the following: Taxation Ruling 2021/4: Income tax and fringe benefits tax: employees: accommodation and food and drink expenses; travel allowances; and living-away-from-home allowances; and  Practical Compliance Guideline 2021/3: Determining if allowances or benefits provided to an employee relate to travelling on work or living at a location – ATO compliance ap...

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Authors: Hayley Lock, Andrew Larmour,

Published Date: 11 August 2021