• ### F – Housing – units of accommodation provided

Housing benefits relate only to accommodation you provide that is the employee’s usual place of residence. Under the separate headings at item F, you must show:

• the number of accommodation units you provide
• the taxable value of the benefits
• any employee contributions towards those benefits.

Housing benefits provided in a remote area may be exempt benefits. Other accommodation that does not meet the requirements of a housing fringe benefit is included as a residual fringe benefit and you must show it at item M 'Other benefits (residual)'.

Example: Calculate housing fringe benefits

An employer provides a house for an employee for the FBT year. The market rental value for the year is \$26,000 (52 weeks at \$500). The employee pays a nominal rent of \$2,600 for the year (\$50 per week).

The employer calculates the housing benefit as follows:

\$26,000 – \$2,600 = \$23,400

The employer shows this at item 23 as:

End of example