Housing allowance is basically the compensation of basic living expenses that a worker is given from the company they work for. Normally this type of allowance is given by big companies like hospital workers, church ministers, the office of government and many more others since this tends to be a huge rate that helps people to cater to all their basic needs paid by the company. The reason why these big companies work like this is to ensure that workers are comfortable while working with them and that they can manage their salaries at ease without having to have the cut of housing needs.
Although housing allowance is a basic living expense there are other things excluded from the amount of which the culprit will have to take care of them.
Things like mortgages, repairs, utilities and so on are excluded from this type of allowance of which the employee will be able to know the right terms to manage the allowance. Typically the house allowance fee is inclusive of the rent and other basics like power and water, of which they are eligible to be catered for by the housing allowance no matter how big is the bill. However promising this may sound, the fact that the housing allowance is excluded from the amount of tax paid by the worker, people should be very cautious when it comes to accepting this allowance deal as it can be more costly than paying for the rent directly. You can read more about clergy housing allowance or get pastor housing allowance tax help.
Although there is house allowance all over the companies of cause not all, it all varies with an individual of which depending on the post or the position in the company then the worker will be eligible to get the allowance. In short, according to the salary then the housing allowance will be cut and all will vary. Again, not all companies offer housing allowances actually some of these companies that do offer tend to give it to specific people in the company.
Some companies do not give the allowances at all, rather they prefer giving more salaries and more taxes to all workers. Most institutions where housing allowances are given are the churches of which the minister is eligible to all the benefits, more so there must be an approval from the committee to show that they are in agreement to that. Whenever the church has appointed the minister as an official then the committee will come into an agreement and discuss the housing allowances issue. You can read more on this here: https://en.wikipedia.org/wiki/Clergy_housing_allowance.
