FRINGE BENEFITS TAX ASSESSMENT ACT 1986

PART III - FRINGE BENEFITS  

Division 7 - Living-away-from-home allowance fringe benefits  

Subdivision B - Taxable value of living-away-from-home allowance fringe benefits  

SECTION 31B   TAXABLE VALUE - ANY OTHER CASE  

31B(1)  
This section applies to a living-away-from-home allowance fringe benefit in relation to a year of tax to the extent that neither section 31 nor 31A applies to the fringe benefit and the period to which it relates.

31B(2)  
Subject to this Part, the taxable value of the fringe benefit in relation to the year of tax is the amount of the fringe benefit.




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