Allowable ceiling amounts
There are allowable ceiling amounts for different types of accommodation. Use these ceiling amounts to help determine the value of the housing benefit you provide in places in prescribed zones that do not have developed rental markets.
The amounts are considered to include any GST/HST that applies, so you do not have to calculate this amount. If the amount of the housing benefit you report is based on the fair market value, you have to calculate and report any GST/HST that applies. If the total of the fair market value plus GST/HST is more than the allowable ceiling amount, report the allowable ceiling amount as the housing benefit.
For a list of the ceiling amounts for rent and utilities and definitions for different types of accommodation, see Guide RC4054, Ceiling Amounts for Housing Benefits Paid in Prescribed Zones.
If more than one employee occupies the same accommodation, divide the total housing benefit by the number of occupants.
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