Chapter 3 - 2.1 - Living Accommodation Rented by the Employer

Question 1

If living accommodation provided by an employer is not job-related, what does the taxable benefit depend on?

Answer 1

Whether the employer rents or owns the property

Question 2

In both cases, the benefit should be…

Answer 2

Time apportioned for part availability and any rent paid by the employee is deducted from the value

Question 3

If the employer rents the property, the benefit is the higher of:

Answer 3

• The annual or rateable value (given in the question)
• The rent paid by the employer