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LAFHA minimum salary

LAFHA minimum salary

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Old Jul 26th 2007, 2:18 am
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Default LAFHA minimum salary

Does anyone know where to find what it has changed to this tax year? I have trawled ATO's website but can't find it.

Thanks.

Jx
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Old Jul 26th 2007, 2:22 am
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Default Re: LAFHA minimum salary

Hi
What is LAFHA?
Irene
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Old Jul 26th 2007, 2:40 am
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Default Re: LAFHA minimum salary

LAFHA is 'Living Away From Home Allowance' its a tax break for people who are transferred away from their home by their company. We are in Australia on a 457 visa and receive this. You are given tax free allowances in your salary for Food and Accomodation. Its gives your salary a good boost

Last edited by yanH; Jul 26th 2007 at 2:41 am. Reason: Typo
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Old Jul 26th 2007, 9:52 am
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Default Re: LAFHA minimum salary

Oooh that sounds really good....no wonder you cant find it on the website! they dont want anyone to have it hehehe.
Pity I cant apply for it!:curse:
Good luck
Irene
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Old Jul 27th 2007, 9:22 am
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Default Re: LAFHA minimum salary

Hi,

How does the employer calculates the LAFHA to be given to an employee. Is it decided by Australian Immigration rules ?

I am being paid $65 as rent component and $164 as food component. My salary pay package is $55k excluding LAFHA. I am here in Australia on 457 visa. Any idea, how has these LAFHA components been decided ?

Thanks,
Robin



Originally Posted by yanH
LAFHA is 'Living Away From Home Allowance' its a tax break for people who are transferred away from their home by their company. We are in Australia on a 457 visa and receive this. You are given tax free allowances in your salary for Food and Accomodation. Its gives your salary a good boost
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