Does anyone know what we can and can't do when it comes to claiming business expenses for flying undertaken on behalf of ones business?
Members of our group have been doing it for well over twenty years, including VAT reclaims etc. We currently have a share owned by a company belonging to one of our group pilots, and the company pays all the costs associated with that particular share. We have had other similar shareholder arrangements in the past. We have never had any problems in this respect.
P.S. Don't get IO540 going on the subject of HMRC
