Mobile phone for the business

ellywellywoo

I have been registered self employed since May 2010 and have been keeping a spread sheet with all my expenses, income mileage etc. However I have yet to put down my phone costs.

I am with T mobile and have a business account with them which costs in the region of £30 inclusive per month. This allows all phone calls be it land line or mobile including internet connection.

However I am not sure how much of this £30 I can put down as an expense each month as I do use it for personal use as well. (cheaper than using my land line)

Please could anyone give me some advice.
I will be giving all my information to an accountant when the time comes to fill in the tax form but for my own benefit I would like to include this info now on my spreadsheet.

Many Thanks

Horace

Do you use the phone soley for business? If you do then you claim all of the payments if not then you need to go through your bill and itemise what is work and what is personal.

I have two phones - one that I use purely for work for which I pay £30 a month (initially on PAYG) and a second one which is purely for personal use. I manage to keep this quite separate from each other.

I also use skype for my business and purchased a worldwide licence for £81 which I also claim from the business because it is used for business purposes.

bengalknights

As Horace states you would have to go through the bill and itemise.The only problem you will find is that as its all from inclusive allowance you wont know how to deduct the amount.The easy method would be put 90-95% of the cost as business and the rest as personal.

ellywellywoo

Hiya

Thanks for your replies. Yep the cost is the same whether I make 2 calls or 202!!

As my bill is not itemised as such with costs against each one,
I think I will put down 90% as business and see what the accountant says when I hand everything over to them.

Many Thanks