Self Employed Locum GP Tax questions

Jeremy535897

neil5061 said:

Ok thanks. Fair enough. The other question I had was the second contract will be another personal contract due to the extortionate buisness contracts. Will that be ok? 

As a sole trader, I don't think that matters, at least on the question of tax deductibility, as that depends on the use to which the car is put. There may be other issues though.

Grumpy_chap

neil5061 said:

 The other question I had was the second contract will be another personal contract due to the extortionate buisness contracts. Will that be ok? 

Do you mean the second phone contract?
If you are referring to the car, whenever I have looked, business lease has always been advantageous to personal lease.  I have not looked for a number of years, so things may have changed.

neil5061

Grumpy_chap said:

neil5061 said:

 The other question I had was the second contract will be another personal contract due to the extortionate buisness contracts. Will that be ok? 

Do you mean the second phone contract?
If you are referring to the car, whenever I have looked, business lease has always been advantageous to personal lease.  I have not looked for a number of years, so things may have changed.

Yes was referring to a phone contract.  Want to buy a new iphone for work/tethering exclusively and keep my current number and contract for personal use. 

Jeremy535897

It is the purpose to which it is put that matters.

Grumpy_chap

neil5061 said:

Grumpy_chap said:

neil5061 said:

 The other question I had was the second contract will be another personal contract due to the extortionate buisness contracts. Will that be ok? 

Do you mean the second phone contract?
If you are referring to the car, whenever I have looked, business lease has always been advantageous to personal lease.  I have not looked for a number of years, so things may have changed.

Yes was referring to a phone contract.  Want to buy a new iphone for work/tethering exclusively and keep my current number and contract for personal use. 

I do exactly that.