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Forums › ACCA Forums › ACCA TX Taxation Forums › expensive living accomodation
A is provided with non job related accommodation by her employer, which the employer purchased 35 yrs ago at a cost of 72000. the property has an annual value of 2600 and had a market value of 245000 when first made available to A 8 yrs ago. A pays 250 per month to her employee to live in the property?
so, I think this is expensive living accommodation since it was purchased 35 yrs ago and market value is more than 750000.
but in answer, it was not considered expensive living accomodation
