Income Tax (Earnings and Pensions) Act 2003 section 104

General rule for calculating cost of providing accommodation

Section 104 sets out the method for calculating the cost of providing living accommodation, which is used to determine whether the cost exceeds £75,000 for the purposes of the additional yearly value charge.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.