107 Special rule for calculating cost of providing accommodation
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

107  Special rule for calculating cost of providing accommodation

(1)     This section contains a special rule for calculating the cost of providing living accommodation which—

(a)     operates for the purposes of step 2 of section 106(2) (calculating the additional yearly rent), and

(b)     accordingly only operates where the cost of provision for the purposes of section 106(1) (as calculated under section 104) exceeds £75,000.

(2)     This section applies if, throughout the period of 6 years ending with

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