Benefit in kind – cars acquired by employer on lease purchase and made available to employees – full costs recharged to the directors – whether class 1A NICs and income tax under Chapter 6 Part 3 ITEPA 2003 due – whether a ‘benefit’ arose up to 2015-16 – Apollo Fuels considered – whether arrangements constituted employer as agent such that cars not ‘made available’ by it – limitation of charge when property in cars transferred to directors on exercise of purchase option – whether any omission from income tax returns and inaccuracy in Class 1A returns brought about by carelessness – appeal allowed in part in principle
[2021] UKFTT 300 (TC)
Bailii
England and Wales
Updated: 13 October 2021; Ref: scu.667923