Reply to: Mobile - Personal or Business

[konsultant]

gosh, this thread is still going strong.

btw thanks for the help so far !

Regards

[TheCyclingProgrammer]

Your company is exempt if:

you provide your employee with only one mobile phone or SIM card

that would be most of us I guess.

But not if you arrange the contract (its in your name) and YourCo pays the supplier.

It's all to do with the pecuniary liability principle:

https://www.gov.uk/hmrc-internal-man...anual/eim00580

[radish2008]

Not quite - there contradictions won't be direct contradictions they will each just clarify one particular circumstance... The end result however is as you say something very complicated with things that appear to (but not quite) contradict themselves -

Indeed. Very well put.

[eek]

Haha - very true. Very complicated and full of contradictions.

Not quite - there contradictions won't be direct contradictions they will each just clarify one particular circumstance... The end result however is as you say something very complicated with things that appear to (but not quite) contradict themselves -

[radish2008]

You were suppose to read it when you had difficultly sleeping.

Haha - very true. Very complicated and full of contradictions.

[SueEllen]

with HMRC I would suspect it's either all or none of the above. TBH for a tax saving on £15 a month I already can't be arsed and I'm still washing my eyes out from reading the Gov guidance.

You were suppose to read it when you had difficultly sleeping.

[radish2008]

Is that one... per year? Per the lifetime of the company? As many as you want as long as you only keep one at a time?

with HMRC I would suspect it's either all or none of the above. TBH for a tax saving on £15 a month I already can't be arsed and I'm still washing my eyes out from reading the Gov guidance.

[northernladuk]

Is that one... per year? Per the lifetime of the company? As many as you want as long as you only keep one at a time?

Aren't they all the same thing ultimately?

[SuperLooper]

Your company is exempt if:

you provide your employee with only one mobile phone or SIM card

Is that one... per year? Per the lifetime of the company? As many as you want as long as you only keep one at a time?

[radish2008]

Read this linky

If it isn't in the name of the company you have to screw around with P11ds and NI.

Your company is exempt if:

you provide your employee with only one mobile phone or SIM card

that would be most of us I guess.

[northernladuk]

I don't actually claim mine as it's tuppence a month.

That's probably the bottom line for most with rates being so low nowadays. I think some people don't fully understand the actual savings involved.

[SueEllen]

I don't think this is true. I asked my accountant and she said that HMRC would never question a non business contract being claimed. I don't actually claim mine as it's tuppence a month.

Read this linky

If it isn't in the name of the company you have to screw around with P11ds and NI.

[radish2008]

Well you can but the contract must be in your companies name and can't be a personal contract...

I don't think this is true. I asked my accountant and she said that HMRC would never question a non business contract being claimed. I don't actually claim mine as it's tuppence a month.

[VillageContractor]

Just sorted out a £13 + VAT deal on my business sim. Unlimited calls and texts and 12GB data

And yes it's in the companies name

[SueEllen]

haha

the reason I asked was because my accountant advised that I can claim mobile phone expenses if it is for dual use and also have CT relief on value excl VAT.

Should I rephrase :P

How many times do you want an answer?

The SIM contract must be in the company's name and paid for by the company.

If you find your accountant difficult to understand then get a new one.