Tax return and LAFHA
 

First time filling in an Aus tax return. Think I am ok, except can someone confirm whether I have to declare my Lafha anywhere? The obvious place would be under "allowances" but then I get taxed on the calculations!

Thanks!

Juliet

Re: Tax return and LAFHA
 

You declare your Taxable Gross and Net earnings as stated on your Payment Summary issued by you company.

Think about the LAFHA as being like an expense - you do not declare that on the Tax Return if the company has reimbursed you directly.

Cheers

Re: Tax return and LAFHA
 

I see..... thanks Sandra!

jx