mobile phone

[missright]

Hi all

My comany has provided me with a mobile phone (contract between company and phone provider). Do I need to add back a proportion of the cost in my corporation tax return in relation to private use?

Any advice would be appreciated!

Thanks in advance!

 

[DFL]

No, the use of the mobile is allowable in full and you can reclaim the VAT if registered.

 

[David Griffiths]

Hi all

My comany has provided me with a mobile phone (contract between company and phone provider). Do I need to add back a proportion of the cost in my corporation tax return in relation to private use?

Any advice would be appreciated!

Thanks in advance!

You never add anything back in a corporation tax return for private use.

 

[MyAccountantOnline]

Do bear in mind the benefit in kind if the mobile is a Blackberry (it is subject to different rules to a 'normal' mobile phone).