RSS

Q: What's the standard policy for mobile phones expenses. Can you claim back anything from the tax man for business mobile phone usage?

Nov 14 2007

Answered by: Clive Lewis     Ask a question

You do not say whether the business in question is a limited company or a sole trader or partnership. It makes a difference.

If the mobile phone is in a company name all the costs can be claimed. If the business is not a limited company only the business proportion can be claimed, so you will have to keep a record of business calls to justify a claim if the Revenue challenges your figures.

A difficulty arises when the phone is part of a package and the payment covers rental and all calls. In this case you will be unable to claim any expenses against taxation. One further complication is if the item is a Blackberry. In this case the Revenue classifies it as a computer and there are special rules.

 
Comments [1]
Comment by stephen helm
Wednesday 3rd September 2008

thank you but the company is a charity community centre with 1 employee. so what can i claim back?


Report this comment

Fixed fee banking puts you in control

Our simple fixed fee banking means you’ll always know where you stand. It’s just one of the reasons why we’ve been named Moneyfacts Best Business Current Account provider for the 10th year running. Find out more.

Barclays Business Start Up Account

Get everything you'd expect from a Barclays Business account…Free business banking for up to 2 years (Ts&Cs apply). Free day-to-day support from our Barclays Business Team by phone 24/7 and Mobile Banking, manage your account quickly and easily from a web-enabled phone. Apply online.

Make business more rewarding with up to 3% cashback on your Barclaycard business credit card spend

Reward those unavoidable costs you already face every day in your business. Things like office supplies & stationery, legal and accounting services, computer equipment and support. Plus get 0% interest on purchases for 3 months from account opening. Terms & conditions apply. Find out more.
 

Are you expecting to hire this year?




Site map

« Expand to view
Small Business Offers