• 10.4 Taxable value of a housing fringe benefit provided outside Australia

    The taxable value is the market rental value of the right to use the accommodation, reduced by any rental payments made by the employee. The market rental value must be calculated by reference to the period during the fringe benefits tax (FBT) year when the employee had the right to use the accommodation.

    Accommodation provided in an external Australian Territory (other than Christmas Island and the Cocos - Keeling - Islands) is a housing benefit provided outside Australia.

      Last modified: 15 Oct 2013QC 17824