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Old 25th Nov 2011, 04:23
  #17 (permalink)  
Gulfstreamaviator
 
Join Date: Sep 2006
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beware taxable benefit

in UK, if a director, or senior staff member uses the company aircraft for travel, either private, business, or to keep current to facilitate company business flying, there is a POTENTAL for a charge as taxable benefit considered.

The revenus consider that you gained hours, at the companies expense....., also beware any recurrent training, if the company owns the asset, ie aircraft.....

been there got the T shirt...

glf
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