Living-away-from-home - leasing of household goods

Legislative reference: section 58EExternal Link of the FBTAA.

A benefit that consists of leasing household goods used primarily for domestic purposes while an employee is living away from home may be an exempt benefit.

To qualify for this exemption:

  • the relevant benefit must be of a type that would be an expense payment fringe benefit or a residual fringe benefit but for the exemption
  • the employee must be provided with living-away-from-home accommodation that is an exempt expense payment or exempt residual benefit.
    Last modified: 08 Jan 2014QC 17820