11 Jun 2016

A question about : Business mobile contract

I am looking to get a mobile through my Ltd co but the deals I've found seem to be aimed at either numerous contracts, or with huge amounts of minutes/data. I just need something along the lines of a normal consumer contract, am I able to get a regular contract phone just in my name but pay for it through my business and expense it?

Best answers:

  • You can expense it but you can only expense the business proportion of the use otherwise there would be tax to pay on it. Ideally you'd go through all of the calls etc and split between business and personal but I suspect most do an arbitrary 50/50 split or such.
  • Ignore what the suppliers call personal or business deals. That's just their marketing.
    As a business you can use any of these deals. General consensus is that for HMRC and for better expense protection you should take out the phone contract in the business name. The supplier won't mind you taking out a joe public contract with a company name and payment details. In practice, I don't really reckon it matters who holds the contract as long as it is a legit expense.
  • our accountant had always advised it best (& easier) to get the contract in our Ltd Co. name. i've never had success with any mobile provider who would accept us on a personal contract but in the business name, they just wouldn't do it.
  • I got a consumer contract for my business but had to do it slightly by stealth. In the t-mobile shop (pre-EE branding) the commission-hungry staff knew t-mo wouldn't agree the contract to be set up as company name, but could set it up under my personal name then in store, 10 minutes later, change the name on the account (SIM-only, rolling month, so if for some reason it hits the fan, I don't owe them anything). You could try that? Find a small branch where the staff want the commission enough ;-)
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