The Living Away from Home Allowance (LAFHA) is a tax-free allowance in Australia used by temporary overseas skilled workers and working holiday makers to compensate them for the additional expenses and disadvantages they incur while they’re living away from their home country for a defined period of time.
If you are eligible for LAFHA, MaxPay can help you start saving money as soon as you start working.
You’re eligibility for LAFHA is based on your intention to ultimately return to the vicinity of your primary residence – your home country. Your class of visa, for example your Working Holiday Maker visa, will not automatically entitle you to this tax-free allowance in Australia.
The LAFHA benefit generally occurs when your employer pays you an allowance as compensation for additional non-deductible expenses and other discomforts incurred because you have to live away from your usual place of residence in order to do your job.
Important Notes:
LAFHA Legal Information
The LAFHA is dealt with under specific provisions of Australian tax law, namely, specific provisions in Division 7 of Part III of the Fringe Benefits Tax Assessment Act 1986 (FBTAA)
Sub-section 30(1) of Division 7 of Part III the FBTTA states:
Living Away From Home Allowance Benefits
30(1) [Provision of benefit]
Where:
by reason that the employee is required to live away from his or her usual place of residence in order to perform the duties of that employment;
the payment of the whole, or of the part, as the case may be, of the allowance constitutes a benefit provided by the employer to the employee at that time.