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  • J – Board

    Meals you provide to an employee and to family members living with the employee may be a board fringe benefit if:

    • you provide an employee with accommodation and
    • the employee has an entitlement to at least two meals a day prepared and supplied by you on your premises.

    Example 17: Taxable value of board fringe benefits

    You provide board fringe benefits valued at $21,900 to employees for the year ending 31 March 2017. You do not require your employees to make a contribution towards their board meals and their accommodation. The employees would not have been entitled to an income tax deduction had they paid for their meals.

    You would write at item 23:

    Example 17: Taxable value of board fringe benefits

    End of example
    Last modified: 22 Mar 2017QC 51524