A company director - on £5,700 pa wants a company car (wife of MD) - expected list price £25,000. Can anyone advise if HMRC will question this?
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minimum wage
If the director is fulltime, which I guess may not be the situation here as they are the wife of the MD, wouldn't the BIK give rise to a contract and therefore need minimum wage?
Benefit taxable on whom?
Is the car to be provided because of the wife's employment or because her husband is the MD? If the latter then the car should go on his P11D rather than hers and be taxed on him.
David