Mobile - Personal or Business

[konsultant]

Can I claim my cost of monthly sim only "personal" contract as a business expense?

I am on standard VAT, so if I pay say £20pm incl VAT on a personal plan, can I also reclaim VAT?

[TheFaQQer]

Can I claim my cost of monthly sim only "personal" contract as a business expense?

I am on standard VAT, so if I pay say £20pm incl VAT on a personal plan, can I also reclaim VAT?

No and no.

[northernladuk]

Can I claim my cost of monthly sim only "personal" contract as a business expense?

I am on standard VAT, so if I pay say £20pm incl VAT on a personal plan, can I also reclaim VAT?

Doesn't post 3 cover this? You have an accountant right?

[eek]

Can I claim my cost of monthly sim only "personal" contract as a business expense?

I am on standard VAT, so if I pay say £20pm incl VAT on a personal plan, can I also reclaim VAT?

The contract needs to be in your companies name to be able to claim. I've never done it as whenever I look at the price of business contracts they always work out as significantly more than a personal contract....

[konsultant]

No and no.

Thanks, let me rephrase -

Can I claim my cost of monthly sim only "personal" contract as a business expense where it is used for both personal and business calls

[TheFaQQer]

Thanks, let me rephrase -

Can I claim my cost of monthly sim only "personal" contract as a business expense where it is used for both personal and business calls

Let me rephrase - no.

[TheCyclingProgrammer]

Can I claim my cost of monthly sim only "personal" contract as a business expense?

I am on standard VAT, so if I pay say £20pm incl VAT on a personal plan, can I also reclaim VAT?

No and No. Contract needs to be in company name to avoid BIK and you also need a valid VAT invoice in the company name to reclaim the VAT. If you're on a personal plan in your name, you can only claim business call charges (if there are any).

If you can get a business plan that works out cheaper after reclaiming VAT and accounting for personal tax savings, then switch. There's no BIK for non business use on a single phone.

Personally, for my low usage, a personal SIM works out cheapest for me. I just put the handset through the business.

I feel like this point has been raised a million times on here.

[northernladuk]

Thanks, let me rephrase -

Can I claim my cost of monthly sim only "personal" contract as a business expense where it is used for both personal and business calls

Could you rephrase it again so we can give you a clearer answer?

[Louisa@AardvarkAccounting]

Could you rephrase it again so we can give you a clearer answer?

Just keep going until the answer becomes 'Yes'.

[SueEllen]

Could you rephrase it again so we can give you a clearer answer?

The answer is

No

Nope

Non

Nein

.....