Holiday Transport (Remote Area)
You can salary package holiday travel expenses for a holiday of a minimum three days leave for yourself, your spouse / partner and children.
Only 50% of the benefit will be subject to FBT so it is only worthwhile for taxable salaries in excess of $80,000 per annum.
The benchmark travel amount is the usual cost of return travel between your work locality and the capital city of the state you are working in.
This is normally the return economy air fare plus any incidental costs. The benchmark travel amount is worked out with your Employer at the beginning of your holiday employee's holiday.
For remote areas in the Northern Territory and for Christmas Island, the reduction in taxable value is limited to 50% of the usual cost of travel to Adelaide and Perth, respectively.
Expenses You Can Claim:
- Meals and accommodation in connection with transport.
- Accident Insurance.
- Airport and Departure Taxes.
- Car Expenses – reimbursed on a cents/kilometre basis, employee declaration required.
This benefit is paid via the Reimbursement method.
Receipts for the eligible holiday expenses must be provided to Remunerator when you claim the reimbursement.
Documentary evidence of your holiday expenses must be provided to your Employer prior to reimbursement.
Process and Payment Options
Select Remote Area Holiday Transport, the amount you would like to package and your preferred packaging / payment option.