The Australian Government has released draft legislation in relation to the proposed reform of the Living-Away-From-Home (LAFH) rules. Submissions to the government on the draft legislation close on May 29, 2012. The final bill is then scheduled for introduction into the winter sitting of Parliament (during June 2012). The changes in the final bill will be effective from July 1, 2012.
Employers should be aware of the impact on current employees, the potential increased cost to business, and changes to administration and reporting obligations arising from the draft legislation.