About Us/Contact Us :: How to Subscribe :: Login  

An Online Quick Reference Library for Tax Agents and Financial Planners

 


  TAX - A to HFringe Benefits TaxFBT - Board & Meals      Monday, 25 January 2021  

Testimonials

   

Board & Meals


   
Board & Meals
Minimize

The taxable value of a board fringe benefit is $2.00 per meal per person ($1.00 per person if under the age of 12).  You reduce this by any amount the employee pays for the meal.  Incidental refreshments such as morning and afternoon teas supplied as part of board are exempt from FBT.

 

Where you have an agreement in place with your employee which requires them to make a contribution towards their board meals and their accommodation, you may apportion that contribution on any reasonable basis.

 

 


This page was last edited on 4 January 2021

TaxFP.com.au - An Online Quick Reference Library for Tax Agents and Financial Planners

There are over 2,500 third party links on this website that we don't control. If you find a broken link before we do, please let us know. Thanks
editor@taxfp.com.au

  Contact Us  Copyright & Disclaimer  Links  Sitemap  Terms Of Use   Privacy Statement