Associate
- Joined
- 28 Mar 2019
- Posts
- 1,117
- Location
- Channel Islands
If you buy a PC through a business and have it at home, I think you are supposed to pay benefit in kind for any usage that isn't incidental.
In the scheme of things though, HMRC are unlikely to come after you for that. They don't have the manpower.
I don't know, I've always assumed if you're paying yourself for the usage of property used exclusively by yourself then it's just unnecessary paperwork. Like for example, if a normal joe uses their work PC on lunch, I don't see how that's any different from me using my work PC after hours to play video games.
All those super yachts/private planes etc are owned not by the individuals but by the companies these people run/own.
We have just had a global pandemic where vast amounts of normal people have struggled to make ends meet or even are just a bit worse off, yet the rich get richer.
I agree that the super rich don't really have income as such and it's tied to share value, so that's fair enough as long as their companies are paying their fair share of tax instead...................... oh wait.![]()
https://www.theguardian.com/news/20...-taxes-jet-isle-of-man-scheme-paradise-papers
I think he paid the tax retrospectively when they knighted him.