A gang of five shearers is engaged for two weeks shearing sheep on a rural property....
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A gang of five shearers is engaged for two weeks shearing sheep on a rural property. During that time, they occupy motel-style units on the property and are provided with full board. The units occupied are used in certain periods of the year to provide accommodation for paying guests and are, therefore, of high standard. Required: Is there a taxable fringe benefit? Discuss. A gang of five shearers is engaged for two weeks shearing sheep on a rural property. During that time, they occupy motel-style units on the property and are provided with full board. The units occupied are used in certain periods of the year to provide accommodation for paying guests and are, therefore, of high standard. Required: Is there a taxable fringe benefit? Discuss.
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Yes there is a taxable fringe benefit When an employer provides accommodation to an employee and tha... View the full answer
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