Determining "Market Rental Value" of Employer-Provided Accommodation - Boarding Schools

In Commissioner’s Statement CS 16/02, the Commissioner provided guidance to assist taxpayers in estimating the likely market rental value of employer-provided accommodation. This Commissioner’s Statement, CS 18/01, is supplementary to CS 16/02, and sets out concessionary treatment that will apply in respect of on-site accommodation provided to employees of boarding schools only.