I have a question about FNSTPB 401. On page 158, it states the meal allowance. But from the MYOB, that is Brown’s Enterprises V10, which was downloaded according to the learning manual, it shows that Tony White’s meal allowance is $9.5 per hour when his ordinary hourly rate is $17.
Could someone tell me how this $9.5 is calculated? Because I checked ATO website. It states that Income tax: what are the reasonable travel and overtime meal allowance expense amounts. For the 2015-2016 income year the reasonable amount for overtime meal allowance expenses is $28.8.
I’m confused about the meal allowance in the MYOB example. Could someone tell me how this $9.5 is calculated?