Airport lounge memberships
Posted by Northadvisory on August 4, 2016
Airport lounge memberships deductible
A recent tax determination has confirmed that the annual membership fee for airport lounges is deductible if the membership holder has an employment relationship with the bill payer.
As we are aware that your employees currently travel often for businesses purposes, you may want to provide them with this benefit, knowing that the provision of this membership is not only tax deductible but also exempt from fringe benefits tax.
The membership may also provide you, the business owner, with increased efficiency by using the workstations in the lounge when travelling during work hours.
If you have any questions then please feel free to contact ;
Martin van der Saag
T: 02 9984 7774
Read more about business tax.