High Amex spend on Charge Or Credit

khakilad

All, I spend circa £150k a month between my two Amex cards (mostly stock & travel for my business). My two cards are both personal cards. Does anyone know if I use the points / Avios to purchase flights etc for my personal use whether this would attract any kind of tax? I can get this checked with the accountant but wanted to know if anyone had any prior knowledge. 

I’ve got a huge amount of points accumulated over 3/4 years and want to start spending them! 

Any assistance would be appreciated! Thank you. 

lr1277

I am not an expert in any way in this matter but from reading the Head for Points website, I would suspect not. No guarantees.

I suggest if you do want opinion from a more knowledgeable person (other than your accountant), you ask on the forums on the Head for Points website.

There is a forum for Amex issues so if I were you, I would ask on there.

Link here:

https://www.headforpoints.com/forums/forum/cards/american-express/ 

Reading Head for Points (ie the articles, the forums (both specific topics and the daily general chat)), you may find other ways to benefit from having Amex. There is also much travel related information.

khakilad

lr1277 said:

I am not an expert in any way in this matter but from reading the Head for Points website, I would suspect not. No guarantees.

I suggest if you do want opinion from a more knowledgeable person (other than your accountant), you ask on the forums on the Head for Points website.

There is a forum for Amex issues so if I were you, I would ask on there.

Link here:

https://www.headforpoints.com/forums/forum/cards/american-express/ 

Reading Head for Points (ie the articles, the forums (both specific topics and the daily general chat)), you may find other ways to benefit from having Amex. There is also much travel related information.

Amazing. Thank you. Looks like a great site and just what I need. Thanks again.