Can takeaway food be treated as ‘meal entertainment’?
For certain not-for-profit (‘NFP’) employers, there is, in addition to the standard $30,000 or $17,000 FBT exemption or rebate cap a further grossed-up cap of $5,000 for salary packaged meal entertainment. It is common in many NFP sectors (e.g. healthcare, PBI’s etc) for employers to allow salary packaging of meal entertainment up to the $5,000 […]
Can takeaway food be treated as ‘meal entertainment’? Read More »