There are currently no known outstanding effects for the Finance Act 2017, Paragraph 16.
16(1)Section 105 (cash equivalent: cost of accommodation not over £75,000) is amended as follows.U.K.
(2)In subsection (1), after “equivalent” insert “ or modified cash equivalent ”.
(3)After subsection (2) insert—
“(2A)The modified cash equivalent is equal to the rental value of the accommodation for the taxable period.”
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
