Mobile phone under ltd Company..

[pmeswani]

Problem with this is that I already have my Plan under the company name. So I guess if both plans are under the company name this may be an issue when we both want to move back to a personal price plan. As we may lose a single discount futher along the line...

What you don't ask, you don't get. Have you actually asked the provider if it is possible to do what you are asking for?

[BiggieBig]

What you don't ask, you don't get. Have you actually asked the provider if it is possible to do what you are asking for?

Yeah but me being sinister don't want to take he risk as I might have issue later even if they agree at present.

the discount is too good to lose.

[pmeswani]

Yeah but me being sinister don't want to take he risk as I might have issue later even if they agree at present.

the discount is too good to lose.

Does the discount work out to be above 21% of the normal price? If not, you could consider the fact that your business could save 21% of its corp tax by putting your phone bill via your business (assuming it is allowable). But if you can get it through your business based on your current plan, then you will save an extra 21% of your business income.

[BiggieBig]

Does the discount work out to be above 21% of the normal price? If not, you could consider the fact that your business could save 21% of its corp tax by putting your phone bill via your business (assuming it is allowable). But if you can get it through your business based on your current plan, then you will save an extra 21% of your business income.

Thanks for all your responses.

Yeah the discount is 50% so would be great to save on top of that as well. I will ring the mobile co and see how big a risk it is and decide based on that..

[Platypus]

The company can provide you with a mobile phone and a PDA (iPhone or Blackberry).

Beware: Blackberry, iPhone, etc. may not be allowable for tax,
Firms warned to avoid ‘smart phone’ tax

Last paragraphs of EIM21701 - Particular benefits: computers: partial exemption: what computer equipment falls within the exemption: years up to and including 2005/06 only

[Craig@Clarity]

Beware: Blackberry, iPhone, etc. may not be allowable for tax,
Firms warned to avoid ‘smart phone’ tax

Last paragraphs of EIM21701 - Particular benefits: computers: partial exemption: what computer equipment falls within the exemption: years up to and including 2005/06 only

Here's a more up to date link from HMRC http://www.hmrc.gov.uk/guidance/480.pdf

Under Chapter 22 page 55, a Blackberry is allowable and is exempt from a tax charge under the circumstance it is for business use.

[Platypus]

Here's a more up to date link from HMRC http://www.hmrc.gov.uk/guidance/480.pdf

Under Chapter 22 page 55, a Blackberry is allowable and is exempt from a tax charge under the circumstance it is for business use.

Nice one, thanks!

[northernladuk]

Here's a more up to date link from HMRC http://www.hmrc.gov.uk/guidance/480.pdf

Under Chapter 22 page 55, a Blackberry is allowable and is exempt from a tax charge under the circumstance it is for business use.

Ok so an iphone still isn't exempt in this instance as it is deemed a computer or does the term 'Blackberry' cover all devices like this? If iphone is a computer you can still claim it as such surely but would there be a problem having a laptop as well as a computer (iphone)?

Or is just better dropping iphones of expenses altogether to be safe until they finally recognise it?

[Clare@InTouch]

Ok so an iphone still isn't exempt in this instance as it is deemed a computer or does the term 'Blackberry' cover all devices like this? If iphone is a computer you can still claim it as such surely but would there be a problem having a laptop as well as a computer (iphone)?

Or is just better dropping iphones of expenses altogether to be safe until they finally recognise it?

It says "Personal Digital Assistant, such as a Blackberry" - I'd take this to include an iPhone.