Rented property and employer-owned property
For property rented by the employer, use actual rent including furniture and fittings, less rent paid by the employee. For employer-owned accommodation, use Annual Value less employee rent, with furnishing valued separately at 40% of Annual Value for partially furnished units or 50% for fully furnished units. Consider occupation dates and the number of employees sharing the property.
Other accommodation costs
Utilities and housekeeping are assessed using actual employer expenditure. Hotels and serviced apartments within hotel buildings use actual stay costs less employee payments. Housing allowances are fully taxable; an employee-signed tenancy with rent paid directly by the employer is also assessed using the actual rent. Do not add a separate furnishing value when it is already included in reported rent.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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