Taking the piss? Expenses...

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BlueSharp replied

2 April 2020, 18:37
I hope so as I got the s20 ultra.
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Lance replied

2 April 2020, 17:58
Originally posted by ladymuck View Post

Maybe they want to put it on their P11D as a BIK?

A very good point...

@OP???
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ladymuck replied

2 April 2020, 17:40
Originally posted by Lance View Post

It has nothing to do with the financial tax year. Only your companies tax year. Your company tax year is not this weekend.....

What does your accountant say?

Maybe they want to put it on their P11D as a BIK?
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TheCyclingProgrammer replied

2 April 2020, 16:53
Employers are allowed to provide one mobile phone for personal and/or business use to their employees - there's no stipulation on what said device may or may not cost. If you already have a company phone, you can sell it on.
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Lance replied

2 April 2020, 16:44
It has nothing to do with the financial tax year. Only your companies tax year. Your company tax year is not this weekend.....

What does your accountant say?
Leave a comment:
Old Greg replied

2 April 2020, 16:07
Originally posted by ApeShape View Post

Before FY close I thought I'd treat myself (ahem my company) to relatively modest purchase. Samsung S10+? Obviously, I'd be claiming that as computer/office equipment. Or would this be seen as an excessive purchase...?

It's fine.
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ladymuck replied

2 April 2020, 16:02
The value doesn't matter. What matters is the expenditure must be incurred wholly, exclusively and necessarily for the purposes of the business.
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ApeShape started a topic Taking the piss? Expenses...

2 April 2020, 15:57
Taking the piss? Expenses...

Before FY close I thought I'd treat myself (ahem my company) to relatively modest purchase. Samsung S10+? Obviously, I'd be claiming that as computer/office equipment. Or would this be seen as an excessive purchase...?
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