Document ID: chunk:federal_register_of_legislation:C2025C00162:clause:1a_80
Version: federal_register_of_legislation:C2025C00162
Segment Type: clause
Provision Reference: sch 1A cl 80
Character Range: 2367672–2368779

80                                                             80                                25

Note 1: For employee see section 10A.
Note 2: For unit of accommodation see section 10A.
Note 3: A housing fringe benefit that is received outside Australia is to be valued (see section 1157B).
Note 4: For Australia see subsection 23(1).
 (3) The allowable rent is the amount of rent that the Secretary is satisfied is payable for the unit of accommodation in the appropriate tax year by:
 (a) if the person is not a member of a couple—the person; or
 (b) if the person is a member of a couple—the person and the person's partner.
 (4) If:
 (a) the person is a member of a couple; and
 (b) the person's partner receives a housing fringe benefit in the appropriate tax year; and
 (c) the person's and the partner's housing fringe benefits relate to the same unit of accommodation;
the weekly market rent obtained in Step 1 of the Method statement and the allowable rent obtained in Step 4 of the Method statement are both to be halved.

Subdivision D—Alternative methods of valuing housing fringe benefits