Cars leased to employees on arm's length terms not a benefit (Upper Tribunal) | Practical Law

Cars leased to employees on arm's length terms not a benefit (Upper Tribunal) | Practical Law

The Upper Tribunal has held that cars leased by a company to its employees on arm's length terms did not constitute a benefit (HMRC v Apollo Fuels Ltd and others and Brian Edwards and others v HMRC [2014] UKUT 0095 (TCC)).

Cars leased to employees on arm's length terms not a benefit (Upper Tribunal)

Practical Law UK Legal Update Case Report 8-559-3865 (Approx. 5 pages)

Cars leased to employees on arm's length terms not a benefit (Upper Tribunal)

by Practical Law Tax
Published on 04 Mar 2014 • United Kingdom
The Upper Tribunal has held that cars leased by a company to its employees on arm's length terms did not constitute a benefit (HMRC v Apollo Fuels Ltd and others and Brian Edwards and others v HMRC [2014] UKUT 0095 (TCC)).