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Remove all benefit in kind perks

Comment 23rd July 2010

This is costing the normal taxpayer millions in uncollected tax and the few that benefit don't need the perks paid for by the company – I am referring to for instance companies having sailing boats or holiday homes which supposedly should be accessible by all in the company but in reality are used by directors or one man band companies. The cost to the tax payer is under taxation of the companies involved and a great amount of paperwork and impossible policing by Customs & Revenue. 

Why does this matter?

Make business transparent and simple – there are no need for tax law exceptions that generally do not benefit or are accessible to the public as a whole.

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