272. Living accommodation: general rule.

Living accommodation provided to an employee or the employee's family or household by reason of the employment may be a taxable benefit1. Living accommodation provided by the employer is deemed to be provided by reason of the employment unless the employer is an individual and the provision is made in the normal course of the employer's domestic, family or personal relationship2. The cash equivalent of the benefit from the provision of living accommodation is treated as earnings in the tax year the accommodation is provided