The ATO has also confirmed that the cost to a business taxpayer of a yearly airport lounge membership (e.g., Qantas Club, Virgin Lounge) that will be used by its employees is ordinarily deductible, and should not give rise to any FBT liability for the employer even if the majority of use of the airport lounge membership is for private purposes.

For more information please contact your Account Manager on 02 9406 5900.