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HMRC internal manual

Employment Income Manual

Living accommodation: Section 106 ITEPA 2003 charge: cost basis or market value basis: flowchart

Sections 106 and 107 ITEPA 2003

When you have decided that there is a living accommodation benefit under Section 106 ITEPA 2003 (see EIM11428) you then have to decide whether the cost basis or the market value basis will be used to calculate the benefit.

The cost basis will apply in most cases. It applies in all cases where the market value basis does not apply. This page has a flowchart telling you which basis applies. For ordinary text telling you which basis applies see EIM11473.

To see the flowchart use this link