• ### Statutory food amount

The weekly statutory food amount for each family member is set out below.

Table 4: Weekly statutory food amount per family member

 Family member Weekly statutory food amount Employee \$42 Employee's partner \$42 Child 12 years old or older (as at the beginning of the FBT year) \$42 Child under 12 year old (as at the beginning of the FBT year) \$21

Example

Anne is living away from her normal residence and is paid a living-away-from-home allowance of \$398 per week. Of that allowance:

• \$200 is compensation for the cost of accommodation - this amount is fully spent and substantiated by Anne
• \$118 is compensation for the additional food costs only while living away from home - this amount does not exceed the reasonable amount set by the Commissioner
• \$80 is compensation for disadvantages associated with having to live apart from family and in a town without facilities that would normally be enjoyed at home.

Anne's employer only pays the food component for additional food costs. They calculated the \$118 food component by deducting \$42 (estimated normal home food consumption costs) from Anne's estimated food costs of \$160.

The taxable value is calculated as follows:

 Total allowance less exempt accommodation component \$398  - \$200 less exempt food component - \$118* Taxable value = \$80

* In this case the food component is equal to the exempt food component.