Hmmm......not sure what Churchill has got against people that run their own LTD's. It's surely not an easy option with all the extra work that needs to be done to keep it going. Coming up to my first year now and the "extra's" have taken me by surprise!!
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Original question.....
Omen666 - went on the HMRC "Benefits and Expenses" workshop and can highly recommend it to help understand the mysteries. Send me a PM if you want more details. In summary, there is a better tax incentive if you shift the phone account into your co name. This is true of most "benefits". Your Co can pay the bill and claim that VAT back. If you pay it and reimburse yourself, not only is the VAT not reclaimable but you are being tax twice - you and the company.
Hope that helps.Comment
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What does the contract say?
does it require you to have a mobile phone? if not bill the client, its extra.
Does the contract cover expenses in depth? If the use is excessive then discuss it with the client. Don't let it fester for too long otherwise it becomes accepted you are paying.Comment
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Mobile Phone
Just don't use your mobile. Let people ring you and you use email. Simple.Comment
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