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Bike to work query

  • 30-12-2011 8:20pm
    #1
    cysco
    Registered Users, Registered Users 2 Posts: 2 ✭


    Hi guys
    My company does not have the b2w scheme available.
    I was looking at buying a €1000 bike through my brothers company scheme and under his name. (I know you sign a doc to say that you will use for bike but lets just say) he buys it. He will get the €410 discount (41%). So his payments will be 12x€49.17 (€590). If I pay him the €49.17 each month from my account, my question is "will it effect his tax in any other way" ie, will he be worse off

    thanks


Comments

  • #2
    Beasty
    Administrators, Social & Fun Moderators, Sports Moderators Posts: 78,456 Admin ✭✭✭✭✭Beasty


    It's illegal to "use" someone else's BTW scheme

    There's a BTW megathread linked in the Chater/FAQ section

    Thread closed

    Beasty


This discussion has been closed.
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