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25 Mar 15 FBT: Reasonable food and drink expenses 2015-2016 – TD 2015/7

On 25 March 2015 the ATO issued taxation determination TD 2015/7 entitled “Fringe benefits tax: reasonable amounts under section 31G of the Fringe Benefits Tax Assessment Act 1986 for food and drink expenses incurred by employees receiving a living away from home allowance fringe benefit for the fringe benefits tax year commencing on 1 April 2015”.

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