OrbitaxATO Issues Finalized Guidance on Deductibility and Fringe Benefits Tax Treatment of Travel Expenses for Employees
|Approved Changes|Australia
The Australian Taxation Office (ATO) issued two finalized guidance documents on 11 August 2021 regarding the deductibility and fringe benefits tax treatment of travel expenses for employees:
- Practical Compliance Guideline (PCG) 2021/3 - Determining if allowances or benefits provided to an employee relate to travelling on work or living at a location - ATO compliance approach; and
- Taxation Ru…
