Miscellaneous Taxation Ruling
Fringe benefits tax: Living-away-from-home allowance benefits : Reasonable food component for expatriate employees : Update of MT 2047
Please note that the PDF version is the authorised version of this ruling.This document has changed over time. View its history.
FOI status:may be releasedFOI number: I 1013141
What this Ruling is about
1. This Ruling itemises the amounts that we accept as a reasonable food component of a living-away-from-home allowance paid to expatriate employees in various family situations for the fringe benefits tax year ended 31 March 1992.
2. This Ruling is intended to be read in conjunction with Taxation Ruling MT 2040. Updates of MT 2040 were issued for the years ended 31 March 1989 (viz. MT 2043), 31 March 1990 (viz. MT 2045) and 31 March 1991 (viz. MT 2047).
|Two adults and one child||$214|
|Two adults and two children||$214|
|Two adults and three children||$250|
|Three adults and one child||$250|
|Three adults and two children||$285|
|("Adults" for this purpose are persons aged 12 years or more)|
4. In relation to larger family groupings, we accept a food component based on the above figures plus $70 for each additional adult and $35 for each additional child. Thus, for a family of two adults and four children a reasonable food component would be $250 plus $35, i.e., $285; for a family of five adults it would be $285 plus $70, i.e., $355 per week.
Date of effect
Commissioner of Taxation
1 April 1992
Fringe benefits tax
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).