Housing allowance

Housing allowance,

Definition of Housing allowance:

  1. Individuals such as ministers and members of the military receive an amount of money in compensation for basic living expenses for employment situations. Housing allowance amounts are not taxable on your income tax but are subject to taxation under self-employment laws. Allowances for the members of the military and other job positions are determined based on several factors including the cost of living, geographic location, scale of pay, and dependency/marital status.

Meaning of Housing allowance & Housing allowance Definition