Prepaid mobile? Business expense?

r2d2c3p0

Hi there,

Would some small biz / tax MSE guru be able to tell me if a prepaid phone counts would count as a business expense if self-employed/Ltd company?

I am not talking about the phone itself but the topup.

Thank you!

paddyrg

If it was for business use, then yes, it is a business expense. If 50/50, then 50% is a business expense, and so forth.

googler

I'd say the purchase of the phone qualifies as well, in proportion to its business use.

r2d2c3p0

Thank you everyone. That's just what I wanted to hear