Living Away From Home Allowance
The Living Away From Home Allowance is a tax free allowance approved
by the Australian Tax Office to offset additional expenses whilst living away
from your usual place of residence for a period in excess of 21 days
The allowance is frequently used by temporary overseas
skilled workers, working holiday makers, New Zealand residents and Australian
residents working interstate.
In broad terms, a LAFHA benefit arises where an employer pays
a tax free allowance to an employee as compensation for additional
non-deductable expenses that would be incurred by the fact the employee is
required to live away from their usual place of residence in order to perform
the duties of their employment.
If you are temporarily residing in Australia or an Australian
resident who has temporarily relocated interstate to fulfil employment
opportunities, GN Connections Ltd can provide you with a free LAFHA eligibility
assessment.