I have been looking at whether it is worthwhile to switch mobiles to a business tariff through my company (+ one for my wife). However, doesn't seem to be a great idea as the deals for businesses are more expense that personal ones (certainly wiping out any corp tax gain). Anyone got any advice whether it is a good idea or not? Do they only really work well if you have a number of phones or make lots of calls?
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Mobile Phone through business
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The company can pay for all line rental and all calls, as a pre-tax expense. I'm surprised that you are finding more expensive than paying for it out of income that you have taken out of the business and paid tax on.Originally posted by slackbloke View PostI have been looking at whether it is worthwhile to switch mobiles to a business tariff through my company (+ one for my wife). However, doesn't seem to be a great idea as the deals for businesses are more expense that personal ones (certainly wiping out any corp tax gain). Anyone got any advice whether it is a good idea or not? Do they only really work well if you have a number of phones or make lots of calls? -
We've been through this lots of times.
Yes it is almost definitely worth doing despite the higher tariffs. You also get better support.
Your wife however can't have a phone unless she's an employee or director of YourCo Ltd.
And don't ask whether you can put a personal tariff through the business because you almost certainly cannot.Cats are evil.Comment
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Well I was looking at Vodafone, two phones with shared 375 minutes and shared 300 texts is £70. But on personal plans I get two phones each with 225 minutes and 250 texts for £50 (i.e. 450 mins+500 text vs 375mins + 300 text)Comment
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Originally posted by swamp View Post
And don't ask whether you can put a personal tariff through the business because you almost certainly cannot.
Do you have advice from an accountant on this?
I tend to follow Peter's thoughts in that if you can get a Personal Tariff through a business account then you'd be fine."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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It doesn't have to be a business tariff, but it does have to be an account in the name of the business, rather than in your name with the business name included in the address.Originally posted by Moscow Mule View PostDo you have advice from an accountant on this?
I tend to follow Peter's thoughts in that if you can get a Personal Tariff through a business account then you'd be fine.
If you can convince someone to do it on a better deal, then do it.
Three do - two phones for £64 a month, with 1000 minutes included, plus free 3-to-3 calls. or £30 per phone a month for 750 minutes and 100 texts.
Sounds like you might need to shop around...Comment
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T-Mobile do Flext Business tarrifs at the same cost as personal ones.
Or at least they did when we took out ours earlier this year.Comment
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Utter Cockrot - I'm with Orange and doing just that.Originally posted by swamp View PostWe've been through this lots of times.
Yes it is almost definitely worth doing despite the higher tariffs. You also get better support.
Your wife however can't have a phone unless she's an employee or director of YourCo Ltd.
And don't ask whether you can put a personal tariff through the business because you almost certainly cannot.Blood in your pooComment
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If you have a contract that is in your name, rather than the company, then you should not be claiming the whole thing.Originally posted by Sausage Surprise View PostUtter Cockrot - I'm with Orange and doing just that.
You can still have a "personal" tariff on a contract that is in your company name, though, which is fine.Comment
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