• 13.5 Reduction in taxable value where expenditure would have been deductible to the employee

    The taxable value of the board fringe benefit is reduced to nil if both of the following apply:

    • you provide a board fringe benefit to an employee
    • they would have been entitled to an income tax deduction if they had paid for the meal.
      Last modified: 24 Dec 2010QC 17827