Originally posted by Nixon Williams
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HMRC now accept 'smartphones' qualify as 'mobile phones'
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Quite the contrary - I didn't ignore your advice Alan. I went to my accountant and presented him with your advice. He disagreed. Oh, I give up!!Last edited by ronanm; 29 February 2012, 10:07. -
Time for you to change accountants.Originally posted by ronanm View PostQuite the contrary - I didn't ignore your advice Alan. I went to my accountant and presented him with your advice. He disagreed. Oh, I give up!!
If it's definitely on the HMRC website then he's not keeping up to date.
BTW it's not hard to change accountants."You’re just a bad memory who doesn’t know when to go away" JRComment
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Its not worth changing accountants to save the tax element of a mobile phone contract.Originally posted by SueEllen View PostTime for you to change accountants.
If it's definitely on the HMRC website then he's not keeping up to date.
BTW it's not hard to change accountants.Comment
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No, but as Nixon's said, if he doesn't know about this, what else is he unaware of?Originally posted by escapeUK View PostIts not worth changing accountants to save the tax element of a mobile phone contract."The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." CiceroComment
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Indeed. And then there is the matter of refusing to change their advice even when presented with the facts from HMRC's own guidance.Originally posted by Waldorf View PostNo, but as Nixon's said, if he doesn't know about this, what else is he unaware of?
Free advice and opinions - refunds are available if you are not 100% satisfied.Comment
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P11D guidance from SJD for the last tax year:Originally posted by Nixon Williams View PostHMRC have now accepted that a smart phone can receive the tax treatment of a mobile phone.
So basically provided that your company provides you with just one phone, that the contract is in the company name and that the monthly payments are made from the company bank account, then HMRC will accept this with no extra tax liability on either the employer or the employee.
HM Revenue & Customs: Revenue & Customs Brief 02/12
A computer provided after 6 April 2006 is potentially chargeable (Note that PDAs & smartphones
[Blackberry, iPhone etc] are classified as computers not mobile phones).
(my bolding)
This is incorrect now isn't it?Comment
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Yes, this is now incorrect.
HMRC now allow smartphones
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." CiceroComment
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Bit disappointed the SJD are sending incorrect advice then. They've also neglected to tell me about the increase in home office allowance. I pay an accountant so I don't have to keep up with the minutae of tax law myself...Comment
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When they sent the advice last year it wasn't incorrect surely? It was correct at the time of sending but changed in Feb. Granted I haven't seen the new info yet. Just a question though, does anyone NOT put their smartphones through the books? I get what you mean about not being told though.Originally posted by k2p2 View PostBit disappointed the SJD are sending incorrect advice then. They've also neglected to tell me about the increase in home office allowance. I pay an accountant so I don't have to keep up with the minutae of tax law myself...
Interesting point about keeping up with tax law. I had a previous one man local outfit who failed in even the basics of doing my accounts so moving to the big guys was a breath of fresh air. Due this though I have never expected my accountant do do this for me. Guidance yes but I have always assumed it is part of my duties to question everything to get the best options. Maybe I am incorrect to have done this and should be expecting the accountants to do this.
I would be interested to know how many other people rely on their accountants soley to manage this and what are their experiences in their accountant doing this? Have I been letting them get away with it?'CUK forum personality of 2011 - Winner - Yes really!!!!
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Hi,Originally posted by k2p2 View PostBit disappointed the SJD are sending incorrect advice then. They've also neglected to tell me about the increase in home office allowance. I pay an accountant so I don't have to keep up with the minutae of tax law myself...
Thank you for the post. We issue newsletters at SJD which give updates on legislation changes. This includes as many changes that are applicable at the time.
Could you kindly PM or email daniel.mossatsjdaccountancy.com so I can ensure you are on the news letter distribution list.
Thank youComment
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