I am after a general response to a query surrounding breaching T&Cs of a scheme
The issue relates to the holding period following purchase of a car from employer scheme (Ford).
I sold my car 4 months before the stated date of the holding period and have now been suspended from the scheme for 12 months. I made a profit on the sale.
My colleague sold his car 3 weeks before the stated date and made a loss of £200, his appeal was upheld.
My appeal was not upheld due to key rationale of breaching the holding period and I had a windfall profit. His appeal was successful because he did not make a profit, yet breached the holding period.
So question being, if you breach T&C's then surely the same ruling should apply (not taking the profit/loss into account), whether it is 1 day prior, 3 weeks prior or 5 months, is this correct?
The issue relates to the holding period following purchase of a car from employer scheme (Ford).
I sold my car 4 months before the stated date of the holding period and have now been suspended from the scheme for 12 months. I made a profit on the sale.
My colleague sold his car 3 weeks before the stated date and made a loss of £200, his appeal was upheld.
My appeal was not upheld due to key rationale of breaching the holding period and I had a windfall profit. His appeal was successful because he did not make a profit, yet breached the holding period.
So question being, if you breach T&C's then surely the same ruling should apply (not taking the profit/loss into account), whether it is 1 day prior, 3 weeks prior or 5 months, is this correct?