Sarah Bradford looks at whether a company car continues to be ‘available’ for private use where an employee is shielding, furloughed or working at home as a result of the Covid-19 pandemic.
The Covid-19 pandemic has changed the way that many people work and, indeed, whether they are able to work. Vulnerable employees may have been required to shield; employees were required to work at home where they could and where, due to the pandemic there was no work available, employees were placed on furlough.
Where an employee has a company car, these changes may reduce both the extent of business and private travel. Where this is the case, is there any reduction in the benefit-in-kind tax charge?
Nature of the tax charge
A tax charge arises under the benefit-in-kind legislation (ITEPA 2003, s 114) where a car is: <> <
