Private ruling: Priority offer of affordable accommodation and provision of affordable accommodation
Date of advice: 24 October 2023
Published: 11 December 2023

Ruling: To protect the privacy and commercial in-confidence components of this private binding ruling, the following summary is provided. | The taxpayer sought a ruling in regard to whether the priority offer of affordable accommodation and the provision of affordable accommodation would be a fringe benefit for the purpose of section 136(1) of the Fringe Benefits Tax Assessment Act 1986 (FBTAA) ? | The ATO ruled that the priority offer is a residual fringe benefit, and the taxable value is zero. | The provision of accommodation is a housing fringe benefit, and the taxable value of the benefit is the market value of the accommodation reduced by any recipient contribution.