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.

Ceiling amounts for housing benefits paid in prescribed zones

This is an update of the ceiling amounts for rent and utilities for 2023.

For a list of qualifying communities in prescribed zones, go to Line 25500 – Places located in prescribed zones.

Learn more on how to calculate and report benefits: Guide T4130, Employer's Guide – Taxable Benefits and Allowances.

Housing benefit ceiling amounts

For prescribed zones without a developed rental market, we have increased, where applicable, the ceiling amounts for rent and utilities to reflect the increase in the shelter part of the consumer price index. Use the following amounts to determine the maximum value of a housing benefit that you report for employees in prescribed zones.

• Common shelter
• Apartment and duplex
• House and trailer