$5,000 Meal & Entertainment, Venue Hire & Accommodation CAP
Additional to your CAP, the ATO offers a separate $5,000 CAP for Meal and Entertainment and/or Holiday Accommodation/Venue Hire Benefit.
Your employer may choose to offer access to one, both or neither. This separate CAP translates to $2650 of purchases.
FAA offer combined everyday living and meal entertainment benefits cards. This card identifies which benefit the transaction is and allocates the expense to the appropriate benefit. For tax compliance, funds for the two benefits are kept separate.