So far nobody here has answered my original question..... it was a very simple question.
The tax man can't tax you on something that you have not had, so BIK tax can only apply to you if you have had some sort of BIK.
Incorrect.
The three aircraft that my business has are rented to a flying club and to avoid the BIK risk if I want to fly one of my companys aircraft I rent it from the club unless it is strictly company business
That should work but in the case I refer to it is being challenged.
I can see why the tax man has a go at a lot of companys that own aircraft because a lot of people use it to reduce the tax on flying and get back the VAT when they are not trading in the true sence of the word.
Ah, but how do you define the bit in bold? Think about it!