Individual rents a property for £500 per month from a company under an assured shorthold tenancy. The company itself rents the property for £1,000 from a third party - bit of a backstory to this, essentially it was exempt accommodation provided to an employee, but he passed away and his widow wished to remain in the property.
If she later becomes an employee, do the living accommodation BIK rules come into play? The property has clearly not been provided by reason of employment, however it appears Section 97 of ITEPA deems any accommodation provided to an employee to be 'by reason of employment' unless it is for domestic/family/personal reasons.
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