12Method of valuing housing benefits

12 Method of valuing housing benefits

(1) The value of a housing benefit is calculated as follows:

Step 1. Work out the location of the unit of accommodation and go to the appropriate row of the Housing Benefits Value Table.

Step 2. Work out the type of accommodation and go to the appropriate column in the Table: the number set out at the intersection of that row and that column is the amount of the weekly market rent of the unit of accommodation.

Note If the recipient is a member of a couple, the weekly market rent is to be halved in certain circumstances (see subclause (4).

Step 3. Work out how many complete weeks in the relevant fringe benefits year the unit of accommodation was, or will be, available to the recipient.

Step 4. Multiply the weekly market rent of the unit of accommodation by the number obtained in Step 3: the result is the provisional value of the housing benefit.

Step 5. Work out the allowable rent for the unit of accommodation in the relevant fringe benefits year using subclause (3).

Note If the recipient is a member of a couple, the allowable rent is to be halved in certain circumstances (see subclause (4).

Step 6. Take the allowable rent away from the provisional value of the housing benefit: the result is the value of the housing benefit.

(2) The following table is to be used in calculating the value of housing benefit:

<table cellspacing="0" cellpadding="0" style="border:0.75pt solid #000000; border-collapse:collapse"><tbody><tr><td colspan="4" style="width:361.65pt; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="text-align:center; page-break-after:avoid; font-size:12pt"><span style="font-family:Arial, sans-serif; font-weight:bold">HOUSING BENEFITS VALUE TABLE</span></p></td></tr><tr><td style="width:90.6pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableColHead"><span></span></p></td><td colspan="3" style="width:260.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.4pt; vertical-align:top"><p class="TableColHead"><span>Type of accommodation</span></p></td></tr><tr><td style="width:90.6pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableColHead"><span>Location</span></p></td><td colspan="2" style="width:172.85pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableColHead"><span>House, flat or home unit</span></p></td><td style="width:76.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableColHead"><span>Any other unit of accommodation</span></p></td></tr><tr><td style="width:90.6pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableColHead"><span></span></p></td><td style="width:98.75pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableColHead" style="margin-bottom:9pt"><span>3 or more bedrooms</span></p><p class="TableColHead" style="margin-top:9pt"><span>$</span></p></td><td style="width:63.3pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableColHead" style="margin-bottom:9pt"><span>1–2 bedrooms</span></p><p class="TableColHead" style="margin-top:9pt"><span>$</span></p></td><td style="width:76.6pt; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableColHead" style="margin-bottom:9pt"><span></span></p><p class="TableColHead" style="margin-top:9pt"><span>$</span></p></td></tr><tr><td style="width:90.6pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">Metropolitan</span></p></td><td style="width:98.75pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">140</span></p></td><td style="width:63.3pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">120</span></p></td><td style="width:76.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">85</span></p></td></tr><tr><td style="width:90.6pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">Non-metropolitan</span></p></td><td style="width:98.75pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">100</span></p></td><td style="width:63.3pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">90</span></p></td><td style="width:76.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">70</span></p></td></tr><tr><td style="width:90.6pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">Special housing location</span></p></td><td style="width:98.75pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">80</span></p></td><td style="width:63.3pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">80</span></p></td><td style="width:76.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">25</span></p></td></tr><tr><td style="width:90.6pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">Outside Australia</span></p></td><td style="width:98.75pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">140</span></p></td><td style="width:63.3pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">120</span></p></td><td style="width:76.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="TableText"><span style="font-family:'Times New Roman', serif">85</span></p></td></tr></tbody></table> ```