Expenses just prior to going LTD

[ASB]

On my mobile phone bill, it has both my LTD company name, and my own name. Is this enough to allow it to be a business expense?

thanks

Strictly no. Because the contract is between mobile co and you, not mobile co and you Ltd.

However, a lot of people do this because it is often much easier than getting a contract between the company and the provider.

[fzbucks]

Hi

I was wondering if I can claim expenses which I have incurred just prior (couple of weeks) to going LTD but which will be used for business - things such as car servicing and LPG conversion. I originally paid for them via my credit card and/or cash.

Also, am I able to change my personal mobile phone to a business one - as I do/will be using it for business.

If the above is possible, how is it arranged?

Thanks.

Before transferring my phone contracts to a business plan with T-Mobile I phoned up the customer services and just asked them to modify the address to include the company name at the top - looks identical to the ones sent to my company from the business plan

[philip@wellwoodhoyle]

Having the bills made out in the company name "may" give you the beneficial tax status, but only if the tax inspector doesn't look any deeper. If s/he wants to, they can find out who the subscriber is, and if it isn't the company, then they'll get you for tax/NIC on the benefit in kind. It is better to get the subscriber changed to the company name, not just the billing address.