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Previously on "Buying computer accessories on company account"

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  • TheCyclingProgrammer
    replied
    It doesn't matter whether you use your personal account or set up a business one - there might be benefits to using your personal account (e.g. you have Prime and want to save YourCo delivery costs).

    All that matters if you're making a company purchase and want it to be tax deductible is:

    a) its wholly and exclusively for business purposes
    b) its clear that you're making the purchase on YourCo's behalf

    You should already know the answer to the first one and setting up YourCo as a new billing address with its name should satisfy the second point. It doesn't technically matter if you use the business debit card or pay for it on your own card and your company reimburses you (shouldn't need reporting on P11D if its a genuine company business expense) however in the spirit of keeping personal/business finances separate wherever possible my preference would be to use the business debit card directly.

    The only potential thing to watch out for is if you're on the standard VAT scheme and want to reclaim the VAT on any purchase - you'll need to ensure you get a valid VAT invoice in YourCo's name. Amazon has the facility to enter your VAT details so as long as they are happy to issue a VAT invoice with YourCo's billing details you should be fine, but do double-check.

    Leave a comment:


  • Contreras
    replied
    Originally posted by Goggy View Post
    For business purposes I need to buy on Amazon certain computer accessories(new keyboard, mouse etc)
    I would like to use my business debit card instead of my personal+reimbursing expenses.
    I have my personal account on Amazon. Can I simply add my business card to the Amazon account and change the invoice/delivery address to the company one( so that I get an invoice issued on a business address)? or I should setup a separate account on Amazon for business?
    It's fine to do either. I prefer to keep business/personal matters separate so have separate accounts.

    Leave a comment:


  • kevpuk
    replied
    I use my personal Amazon account, but will pay with company card, as I have Prime.
    Setting up a whole new account will mean no Prime (unless MyCo pays for it) = sometimes needing to pay for delivery

    Leave a comment:


  • TheFaQQer
    replied
    Originally posted by Goggy View Post
    Can I simply add my business card to the Amazon account and change the invoice/delivery address to the company one( so that I get an invoice issued on a business address)?
    This is what I do. I see no need to create another Amazon account and having to remember the password for that one as well as my personal one.

    Leave a comment:


  • CloudWalker
    replied
    Originally posted by northernladuk View Post
    Unless you have a rewards credit card and you can earn points.
    This

    Leave a comment:


  • northernladuk
    replied
    Unless you have a rewards credit card and you can earn points.

    Leave a comment:


  • malvolio
    replied
    MyCo has its own Amazon account tied to the company bank account. I never see the point in spending my money on MyCo and then claiming it back and generating extra paperwork for no added value, but that's just me...

    Leave a comment:


  • CloudWalker
    replied
    It doesn't matter how its paid for (personal credit card / Business credit card) as long as its wholly and exclusively for business use. I buy stuff on my personal credit card then reimburse my expenses from my business account.
    Just keep Receipts

    What keyboard to get.... hummmm

    Last edited by CloudWalker; 12 August 2014, 08:20.

    Leave a comment:


  • Goggy
    started a topic Buying computer accessories on company account

    Buying computer accessories on company account

    For business purposes I need to buy on Amazon certain computer accessories(new keyboard, mouse etc)
    I would like to use my business debit card instead of my personal+reimbursing expenses.
    I have my personal account on Amazon. Can I simply add my business card to the Amazon account and change the invoice/delivery address to the company one( so that I get an invoice issued on a business address)? or I should setup a separate account on Amazon for business?

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