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Commentary

4.2 Value of residence provided by the employer

Sri Lanka

As per the Circular, the value of the benefit arising on a place of residence provided by the employer should be the market value or the value specified in the Circular where the market value is not readily ascertainable. The following is the value specified for certain situations:

  1. Ìý

    (a)ÌýÌýÌýÌý

  2. Ìý
    1. Ìý

      –ÌýÌýÌýÌý rated area – 12.5% of the salary* of the relevant

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