Mobile phones – a tax free perk

Mobile phones

If your contract is coming up for renewal soon or you’re thinking of upgrading your handset, there is a tax advantage of getting your Ltd Company to do this for you. Mobile phones are a tax-free benefit and the Ltd Co is allowed the costs as a tax deduction.

The contract must be in the name of the Ltd Co though.

Contact us if you’re thinking about this and we can give you more details.

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