Ltd Company - Personal/Business account expenses

[Andy2022]

Use the Avios for business flights and there's no minefield to be had. It's actually more awkward to take the cash off your balance.

But it's a very good point - I keep hearing ads on the radio for the Amex Business Card and their strap line is: "the card is for business, the points are for pleasure" making it very clear that the points earned can be used for personal, rather than business, expenses. My understanding is that this behaviour would create a BIK that needed reporting.

I seem to recall reading years ago somewhere (might have been here, might have been on AccountingWeb, might have been on the HMRC site) that as long as the benefit was "minimal" then there is no BIK but there's line there somewhere that is a bit subjective.

I think Capital on Tap is a bit more convoluted than Amex MR points.

AFAIK MR points accrue at a card holder rather than corporate level, whereas the Capital on Tap ones are at the company level

On the paid for card, Capital on Tap points can be used for cashback, gift cards or swapped to Avios and there was a discussion about the tax implications of this on Head for Points a while back — it was along the lines of “as the points have value for the company can you really use them tax free to give an employee a benefit”