Sections 62 and 203 ITEPA 2003

Employee A

Employee A is paid £7,500 a year for 2015/16, with free board and lodging provided by the employer. The employer already owns the premises where the board and lodging is provided, and the additional direct costs incurred by the employer in connection with the provision (food, heat, light, and so on) total £900 per annum. A receives no other expenses payments or benefits.

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