Apollo Fuels wins company car case
A legal victory for a company car scheme is a rare bit of good news for motorists.
The case of HMRC v Apollo Fuels Limited and others  UKUT 0095 (TCC) was decided at an upper tribunal in February and was one of the cases discussed by Giles Mooney and Tim Good in the April edition of TAXtv.
The upper tribunal upheld a previous ruling by the first-tier tribunal, although any wider celebrations will be short lived as the latest Finance Bill has closed down the use of this scheme.
TAXtv presenter Tim Good said the ruling was important because around 20 other companies have been involved in a similar arrangement to Apollo's.
The dispute with HMRC was about a change to the company’s car scheme for employees...