Method statement

Step 1.   Work out the type of accommodation and go to the appropriate column in the Housing Fringe Benefits Value Table (Defence Force Employees): the number in the appropriate column is the weekly market rent of the unit of accommodation.

  Note:   If the person is a member of a couple, the weekly market rent is to be halved in certain circumstances (see subsection   (4)).

Step 2.   Work out how many complete weeks in the appropriate tax year the unit of accommodation was or will be available to the person.

Step 3.   Multiply the weekly market rent of the unit of accommodation and the number of weeks obtained in Step 2: the result is the provisional value of the housing fringe benefit .

Step 4.   Work out the allowable rent for the unit of accommodation in the appropriate tax year using subsection   (3).

  Note:   If a person is a member of a couple, the allowable rent is to be halved in certain circumstances (see subsection   (4)).

Step 5.   Work out the amount the employer paid or will pay by way of the housing fringe benefits in respect of the unit of accommodation in the appropriate tax year: the result is the employer subsidy .

Step 6.   Work out the amount (if any) by which the allowable rent exceeds the employer subsidy: the result is the employee contribution.

  Note:   If the employer subsidy equals or exceeds the allowable rent, the employee contribution is nil.

Step 7.   Take the employee contribution away from the provisional value of the housing fringe benefit: the result is the value of the housing fringe benefit .