xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
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.”