Employees
What is LAFHA?
It stands for the ‘Living Away From Home Allowance’ and is an Australian Tax Office (ATO) allowance that can be provided through employers to help their employees cover the additional costs of relocating and living away from their usual place of residence for employment. The broad criteria for eligibility is that the employee is incurring additional expense, is relocating for a temporary period of time and has the intent to move back to their original place of residence. The allowance can apply to:
- Australian residents moving locations within Australia
- Overseas long stay visa holders
- Australians working overseas.
Key Benefits
LAFHA allowances mean you pay less tax which increases your take home pay. For example, an annual salary of $100,000 can mean an extra $9,400* per annum in additional take home pay with LAFHA applied. LAFHA lets you:
- Recoup the costs of relocation and other expenses incurred while living away from home
- Receive more take home pay
- Reward yourself and your family!
*This example is based upon averaged amounts. Please note: Each
individual’s circumstances are different and will therefore deliver
different results.
Broad Criteria
The following are some of the criteria which may be applied to assess whether you are eligible for LAFHA - please use this as a guideline only, and let us help you fully assess your eligibility.
- Distance of move
- Type of occupation
- Tax and or visa status
- Minimum salary levels
- Time before relocation
- Length of relocation
- Accommodation arrangements
- Family situation
- Intent to return to your original place of residence
How do I know if I'm eligible?
Simply fill in your details on the Free Assessment form on this
website - you can do this online or download a pdf and then email it to
us - and we will provide you with a FREE initial assessment explaining
whether you meet the criteria for LAFHA and if so, an indication of the
financial benefits to you. We guarantee to process your information and
get back to you within 48 hours.
Download
the Free Assessment here »
Some employers currently don't offer LAFHA to employees
LAFHA involves complex regulations and compliance issues, and in some companies, there may not be the resources to effectively manage this service for eligible employees. That’s where we come in. Contact us, or introduce www.lafha.com.au to your employer.
How else can LAFHA.com.au assist?
The first step is to assess your eligibility with the information you provide us in the Free Assessment. The next step is for us to speak with your employer to provide them with information about LAFHA and how we can assist not just you, but your company as well, with our LAFHA facilitation service. Importantly, our service does not change any current agreements or status you have with your employer and we provide them with a complete no cost, no hassle service, making it easy for you and them.
To understand more about the allowance as it applies to your circumstances simply complete our Free Assessment online, or download the PDF and return it to us today.
Read Case Studies
See how we have helped others like you in our LAFHA Case Studies.