Reply to: Company smartphone

[TheCyclingProgrammer]

FFS Buy the phone outright and bang that through the Ltd, 700 odd squid for an iphone, then get a cheapo sim only deal and just pay for it personally (Im paying 25 notes a month for 25 gig + free Spotify, bargain), sorted.

I agree, the biggest saving to be had is buying the phone through the Ltd, saving corporation tax and once we're all off the FRS, the VAT too.

I've only ever claimed business calls, I just use and pay for a personal SIM.

[SlipTheJab]

FFS Buy the phone outright and bang that through the Ltd, 700 odd squid for an iphone, then get a cheapo sim only deal and just pay for it personally (Im paying 25 notes a month for 25 gig + free Spotify, bargain), sorted.

[Contreras]

Only if the contract is in the employee's name. If its in the contract is in the company name I don't see why it would be a BIK. The company can provide a SIM/contract for both business and personal use, what it can't do is pay the employee's bills.

You're right and I stand corrected.

[TheCyclingProgrammer]

Which is fine if all the calls are for business. Otherwise paying for the contract on a personal phone is to be treated as BiK. That is, if my memory serves correctly and the rules haven't changed since way back.

Only if the contract is in the employee's name. If its in the contract is in the company name I don't see why it would be a BIK. The company can provide a SIM/contract for both business and personal use, what it can't do is pay the employee's bills.

[northernladuk]

Should have told him to speak to his accountant really shouldn't I?

[Contreras]

thanks for your replies all. I think I'll keep it simple by just putting the monthly contract on the company and keep my phone as a personal asset.

Which is fine if all the calls are for business. Otherwise paying for the contract on a personal phone is to be treated as BiK. That is, if my memory serves correctly and the rules haven't changed since way back.

Fwiw, I don't see an issue with expensing the handset to Your Co.

In future though you may want to operate separate eBay and PayPal accounts for business (albeit 'personal' accounts with your co in the address) funded by the co debit card. Similarly for Amazon, etc.

[b r]

thanks for your replies all. I think I'll keep it simple by just putting the monthly contract on the company and keep my phone as a personal asset.

We do the opposite, handsets bought by the business and SIM-only contracts in our own names, then charge the contract cost and accept it's taxable.

Contracts are all of £10pcm each while iPhones cost a wee bit more.

[Platypus]

I would claim expenses from your company for the cost of the phone, including the eBay receipt as proof or purchase.

Then I'd get a contract in YourCo's name for the monthly (Sim Only) amount.

[northernladuk]

Your company is called boobs cause it certainly isn't shelloil?

[Contreras]

It does, it just isn't a mobile phone number...

For less then that my (new) company landline is a voip landline (newcastle) finishing with the digits 000...

For a one off tenner six years ago, mine spells the Co name.

And straight flush beats three of a kind, so

[eek]

I don't think its a question of money, more a case of evidencing you're running a genuine business. How can you say you're running a business if the business does not have a phone number under its name!

It does, it just isn't a mobile phone number...

https://www.just0845numbers.co.uk/

Goes through to my mobile, job done



Why yes, yes it does, for £29 a year its a no brainer

For less then that my (new) company landline is a voip landline (newcastle) finishing with the digits 000...

[northernladuk]

Why yes, yes it does, for £29 a year its a no brainer

I know it does and very nice it is too. Just interested to see if contractorbanking has a website if he thinks a business mobile is key to looking like a business. I'm more than prepared for them to say yes and I slink off quietly of course.

[SimonMac]

I don't think its a question of money, more a case of evidencing you're running a genuine business. How can you say you're running a business if the business does not have a phone number under its name!

https://www.just0845numbers.co.uk/

Goes through to my mobile, job done

Has your company got a website?

Even I don't really buy in to 'you've got to have a company phone to be a business' and that's kinda one of my catch phrases

Why yes, yes it does, for £29 a year its a no brainer

[SueEllen]

So how many businesses only list a mobile number?

Lots do now actually especially tradesmen. It was also fashionable about 10 years ago not to have a landline number as a business.

[northernladuk]

I don't think its a question of money, more a case of evidencing you're running a genuine business. How can you say you're running a business if the business does not have a phone number under its name!

Has your company got a website?

Even I don't really buy in to 'you've got to have a company phone to be a business' and that's kinda one of my catch phrases