Dear Tutor,
As per chap 9, pg 62, "......When the accommodation is job related, the taxable limit is 10% of other employment income."
i) What elements will constitute "other employment income"?
ii) Is the capping limit just on expenses or even on the use of assets provided by the employer?
Ask the Tutor ACCA TX-UK
Expenses connected with living accommodation
It is employment income excluding this benefit for living accommodation and this covers both expenses and furniture and furnishings made available for private use
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