Who's LAFHing now? An update on the winding back of the living away from home allowance.
12 Apr 13 |
KEEPING GOOD COMPANIES
Issue: April 2013
Pages: pp. 172-175
Transitional provisions introduced are a welcome relief, but are limited to permanent residents or temporary residents maintaining a home in Australia only.
The taxation of LAFHA will continue to apply wholly within the FBT regime.
FIFO and DIDO employees are no longer required to maintain a normal residence in Australia and the 12-month limit will not apply.
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Clint is a partner at Arnold
Bloch Leibler and leads the Sydney taxation
practice. Clint advises across most taxes,
with particular expertise in corporate and
international tax, the taxation of financial
instruments and transactions, and the
management of tax audits and disputes with
the ATO. Clint is the author of numerous
tax articles, a regular presenter, and is
currently a working member of The Tax
Institute’s Large Business and International
Committee. In 2018, Clint won The Tax
Institute’s Corporate Tax Adviser of the Year
Award and is the National Chair of the Law
Council of Australia’s Taxation Committee.
- Current at
26 June 2019