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
Choosing the right product packaging and labelling

Choosing the right product packaging and labelling

Here's how good presentation of your product can be a marketing tool as of itself. ...  

Running a Business
How to say goodbye to 'not in good order' reports

How to say goodbye to 'not in good order' reports

In this article Jesper Frederiksen explores how small businesses are using technology to fight the...  

News
Exporting not a current pursuit for small businesses 

Exporting not a current pursuit for small businesses 

Only a quarter of small companies are currently 'internationally active', research finds. ...  

Blog
Small businesses find the going tough in modern economy

Small businesses find the going tough in modern economy

More than three quarters of SME leaders are not confident in the steady recovery of...