To: The Hon Wayne Swann MP – Treasurer, The Hon David Bradbury MP – Assistant Treasurer
CC: The Hon. Joe Hockey MP – Shadow Treasurer, The Hon Barry O’Farrell – NSW Premier, The Hon. Adrian Piccoli MP – NSW Education Minister, Australian and UK media.
I am writing to urge you to give overseas temporary residents, in particular families living in NSW, a fair go regarding the Fringe Benefits Tax (FBT) \ Living Away from Home Allowance (LAFHA) reform.
Fairness is a … Read more
On 11th December 2011 we published an article about the Australian Treasury’s Fringe Benefits Tax (FBT) reform and changes to the Living Away from Home Allowance (LAFHA) for overseas temporary residents to Australia. In the article we explain that the implementation of LAFHA for overseas temporary residents is not as originally intended and the proposed reform will mean that temporary … Read more
If you live in Australia as a temporary resident, for example if you’re holding a 457 visa, you are probably aware of the LAFHA changes recently announced by the Australian Treasury.
A few months ago we wrote about this Australian “tax break”. In What is LAFHA? Mum explained that LAFHA is a tax exemption that Australians and overseas temporary residents … Read more
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