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If you are VAT registered you need to include the VAT only on the business portion of your calls For Limited companies everything depends on the type of mobile phone contract If the mobile phone or sim card is
You can therefore claim 140 of your mobile phone costs against tax If you are VAT registered you can also claim back the relevant proportion of the VAT you pay
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HMRC allow the full costs of your mobile phone bills as a tax allowable expense providing the mobile phone contract is held in the name of the limited
On 03 Jan 2020 HMRC have released new guidance for employers on how to tax company mobile phones that are given to employees and which devices qualify for tax treatment 3 January 2020 Did you receive a new
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If you deduct 10 000 from that for allowable expenses you will pay tax on the 30 000 that remains If you use money in your business account to pay for personal
If you use your phone mobile and internet for personal and business use you ll need to demonstrate a realistic way of dividing the costs and can only claim tax back on the part for business use You
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You can therefore claim 140 of your mobile phone costs against tax If you are VAT registered you can also claim back the relevant proportion of the VAT you pay
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https://partneraccountancy.co.uk/can-i-claim-my...
Published 13 September 2021 HMRC expenses rules state that you can make available for use to an employee one mobile phone for business purposes which is exempt from tax
You can therefore claim 140 of your mobile phone costs against tax If you are VAT registered you can also claim back the relevant proportion of the VAT you pay
Published 13 September 2021 HMRC expenses rules state that you can make available for use to an employee one mobile phone for business purposes which is exempt from tax
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