FBT Q&A – Living-away-from-home allowance (LAFHA) for employee posting overseas: Food and accommodation

Question Council is planning to have an employee posting overseas for six months.  For the reasonable food component, if Council only pays additional costs (ATO overseas reasonable limit minus $42 statutory amount), these additional costs should be exempted from FBT. Please confirm if this is correct. Should we have this stated in the living-away-from-home declaration …

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