102Benefit of living accommodation treated as earnings
This section has no associated Explanatory Notes
(1)If living accommodation to which this Chapter applies is provided in any period—
(a)which consists of the whole or part of a tax year, and
(b)throughout which the employee holds the employment,
the cash equivalent of the benefit of the accommodation is to be treated as earnings from the employment for that year.
(2)In this Chapter that period is referred to as “the taxable period”.
(3)Section 103 indicates how the cash equivalent is calculated.