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should I use a business mobile

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I am starting my own small business and I am curious as to the benefits of getting a business contract or if it is better to stay on a normal contract.
Is it worth while to switch?

Comments

  • OneADay
    OneADay Posts: 9,031 Forumite
    1,000 Posts Combo Breaker
    edited 28 March 2010 at 11:29AM
    Only a small amount TAT saving if your company is registered for it.
    The business tariffs might appeal to you but normally I think they are the same as getting in one's own name.
    The cost can be claimed as an expense so you save a small amount of tax but you can do that even if the phone is in your own name.
    At end of day, its you paying still for it - and core benefit is tax (none on expense) and tat (if registered).
    Business tariff might allow multiple phones under one contract so if you have more than one employee it might be of use.
    Its down to how you want to fiddle the figures.
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