A director or employee, or a member of his family or household (see ¶9220) who is provided with accommodation, such as a company house or flat, rent-free or at a nominal rent, is generally liable to tax on it under the provisions of ITEPA 2003, Pt. 3, Ch. 5. The main charge is based on the greater of the ‘annual value’ and rent paid by the ‘person providing the accommodation’ less, in either case, any sums made good by the employee. The ‘annual value’ is usually the gross rateable value of the property, adjusted for Scottish property, but is the open market rental for property outside the UK or property rented from a connected person.


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