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Dec 30, 2019 · The gross rating value of the property is £1,000 and the executive is required to pay his employer a rental of £1,500 per annum.
Your accommodation is free if you do not have to pay rent and get normal wages for your job. You can be evicted without a court order. If you do not have to pay rent but get lower wages because of the accommodation, you are paying 'money's worth'.
the accommodation is provided rent-free by the employer; it is a condition of the employment that the employee is required to reside in that accommodation and no other; occupation of the house is to enable the better and more effective performance of the duties.
Some jobs come with somewhere to live, either as a “perk” or because, for whatever reason, the employer wants the employee to live in a certain property. As a general principle, accommodation provided by an employer is a taxable benefit, but there are exceptions to this:
Employer provided living accommodation is a benefit in kind and is liable to tax and employer Class 1A National Insurance contributions. The current rules setting out how and when employer...
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Employers and employees have certain duties that are central to any employment contract. These are sometimes called 'imposed duties'. The main duties are: duty of care; duty of trust and confidence; duty of fidelity; These duties: are crucial to a working relationship; help employers and employees work together effectively
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Jun 22, 2022 · The provision of living accommodation to an employee can potentially be a taxable benefit. The rules discussed below also apply to living accommodation provided for a member of an employee’s family or household by reason of their employment.