Hi all,
Does anyone know whether I'll be able to port the phone number I currently have for my single mobile phone 'line' for my Limited Company (via Vodafone), into a new contract under my personal name? Clearly I will speak to Vodafone but wondered if anyone else had done it or knows of any pitfalls/ whether it's possible. Obviously I'm asking because I'm fully conscious MyCo and me are 2 different legal entities.. but will Vodafone or the new provider even check this..?
Background: Long story short; I'm preparing to make my company dormant as I haven't used it since April 2021 when I converted to brolly. I'm staying in my current role for now, still via brolly, but have noticed more contracts in my arena being advertised as outside IR35 (roles for are a bit borderline depending on specifics of the role - sometimes inside, sometimes outside). Obviously I don't want to remove the option to take an outside IR35 contract should one happen along, hence wanting to keep my company available to me. But equally I'd like to reduce costs, complexity, admin etc hence wanting to make it dormant.
I'm gradually trying to streamline transactions into my company bank account, and one of the remaining is the phone contract. I've had the same phone number since I started contracting and would like to keep it for that reason, so I'm looking to end my current phone contract with Vodafone and port the number to a new contract which I'll pay for personally (I might even go PAYG). I'm not locked in to an extended contract period as I paid for the phone a long time ago so it's just 30 days notice.
Sidenote: I'm not sure whether I'll actually 'qualify' to go fully dormant but either way I want to reduce activity within the company to an absolute minimum so even if I don't go dormant I'll still be aiming to do this.
Second sidenote: I chose to operate inside IR35 via MyCo before the rules changed so I don't have a large warchest of any kind within the company; my warchest is outside of it. There's a small 'float' within the company that has been gradually depleting due to indemnity insurance, phone costs etc since I started via Brolly (but have had no income coming into the company). This is another reason why I just want to get the phone contract out of the company.
Help gratefully received! and mods, I couldn't work out where this best fitted - sorry if it's in the wrong place!
Does anyone know whether I'll be able to port the phone number I currently have for my single mobile phone 'line' for my Limited Company (via Vodafone), into a new contract under my personal name? Clearly I will speak to Vodafone but wondered if anyone else had done it or knows of any pitfalls/ whether it's possible. Obviously I'm asking because I'm fully conscious MyCo and me are 2 different legal entities.. but will Vodafone or the new provider even check this..?
Background: Long story short; I'm preparing to make my company dormant as I haven't used it since April 2021 when I converted to brolly. I'm staying in my current role for now, still via brolly, but have noticed more contracts in my arena being advertised as outside IR35 (roles for are a bit borderline depending on specifics of the role - sometimes inside, sometimes outside). Obviously I don't want to remove the option to take an outside IR35 contract should one happen along, hence wanting to keep my company available to me. But equally I'd like to reduce costs, complexity, admin etc hence wanting to make it dormant.
I'm gradually trying to streamline transactions into my company bank account, and one of the remaining is the phone contract. I've had the same phone number since I started contracting and would like to keep it for that reason, so I'm looking to end my current phone contract with Vodafone and port the number to a new contract which I'll pay for personally (I might even go PAYG). I'm not locked in to an extended contract period as I paid for the phone a long time ago so it's just 30 days notice.
Sidenote: I'm not sure whether I'll actually 'qualify' to go fully dormant but either way I want to reduce activity within the company to an absolute minimum so even if I don't go dormant I'll still be aiming to do this.
Second sidenote: I chose to operate inside IR35 via MyCo before the rules changed so I don't have a large warchest of any kind within the company; my warchest is outside of it. There's a small 'float' within the company that has been gradually depleting due to indemnity insurance, phone costs etc since I started via Brolly (but have had no income coming into the company). This is another reason why I just want to get the phone contract out of the company.
Help gratefully received! and mods, I couldn't work out where this best fitted - sorry if it's in the wrong place!
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