Jeffrey earns £18,000 per annum and lives in job related accommodation provided by his employer.
　　The company pays £2,000 rent and £3,100 for household expenses in the year ended 5 April 2013.
　　What is Jeffrey's taxable benefit for 2012/13?
　　A. £5,100
　　B. £1,800
　　C. £3,100
　　D. £Nil
　　The correct answer is: £1,800.
　　There is no taxable benefit for the accomodation as it is job related. There is a taxable benefit for household expenses of £3,100. However, this is limited to 10% of earnings = £18,000 x 10% = £1,800.