(e) Living accommodationThere is a charge on living accommodation provided for an employee by reason of his employment. The charge does not apply if it is necessary for the proper performance of his duties that the employee should reside in the accommodation, or the accommodation is provided for the better performance of his duties, and its provision is customary in that kind of employment (ITEPA 2003 s 99). If the cost of the accommodation is not over £75,000 the cash equivalent of the benefit is the rental value (ITEPA 2003 s
There is a charge on living accommodation provided for an employee by reason of his employment. The charge does not apply if it is necessary for the proper performance of his duties that the employee should reside in the accommodation, or the accommodation is provided for the better performance of his duties, and its provision is customary in that kind of employment (ITEPA 2003 s 99). If the cost of the accommodation is not over £75,000 the cash equivalent of the benefit is the rental value (ITEPA 2003 s
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