smallbusiness.co.uk: Helping your business think big

Email a Friend

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

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.

See also: Guide to pre-trading expenditure

Related topics: Tax & Vat

Previous article

Get ready for the January tax deadline

Next article

Keep your business on track

Post a comment

Related

News | Law

Car phone threat for small business

News | Opportunities

Tax reclaims on fuel expenses to end?

Guide | Accounts & tax

How start-ups are taxed

Guide | Accounts & tax

Tips on saving tax

Small Business Offers

More from Small Business

Starting a Business
The ancient art of networking: Why human connections matter the most

The ancient art of networking: Why human connections matter the most

Draven McConville explains why it is important to meet with online connections in the offline...  

Running a Business
How to manage existing staff when buying a business

How to manage existing staff when buying a business

When buying a business, as well as taking on a going concern, you will also...  

News
Business owners unsure about PM employment target

Business owners unsure about PM employment target

Nearly three quarters (71 per cent) of British companies do not believe David Cameron's target...  

Blog
Five reasons why 2015 was a great year for SMEs – and five things to watch out for in 2016

Five reasons why 2015 was a great year for SMEs – and five things to watch out for in 2016

Greg Carter reviews the last year's impact on business and what companies should expect in...