Originally Posted by Whirlygig
Absolutely not - I think you'll find that the BiK "rules were a Thatcherite invention - politics doesn't come into it - people dreaming up fancy schemes for tax evasion does!
It doesn't just come down to BIK rules, it is how they are interpretted and enforced. Unfortunately the IR/HMCE 'hounds' were released, well and truly released, by this current government. Whirlygig, 'tax evasion' is a VERY strong term to use for business practices which have been and are completely legal under corporate rules and law. It's unfortunate that the IR/HMCE doesn't like it and dreams up ways of interpretting the law to suit themselves.
Another example of this is dividends being issued by small businesses. It's ok for LARGE companies to do so, but SMALL companies? that's another matter, even though they run under the same regime.