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Living Accomocation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Living Accomocation

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by AvatarTax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • January 28, 2020 at 2:00 am #560017
    Avataradarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Hello,

    -Regarding living accommodation,if the employee contributes towards paying the rent( for example, gives the employer some cash), should we deduct this against the amount against the taxable benefit?

    Thanks.

    January 28, 2020 at 11:10 am #560046
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

    Yes!
    The answer is in the study notes – and lectures.
    See chapter 9, section 7.1, note (b) (ii) and illustrated in example 2

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