Hi all, hoping you can help!
I have a new employer and they have agreed to let a leaver keep a company car on contract hire, so the car is in our name yet the driver is no longer an employee. There are a lot of red flags for me! But my main issue is the taxable benefits arrising in the 2020/21 tax year as he would not have been employed by us. Am I right in thinking we should ask for the car back and deal with the monetary value/compensation for the car separately? Or is there a way I can make it work as is?