When is a phone not a phone? When it’s a blackberry has been the traditional answer. But that changed a few months ago when HMRC started to call a blackberry a phone.
For years, it’s been established that an employer can provide an employee with a mobile phone (only one) for private use without creating a taxable benefit. And for years HMRC called iPhones and Blackberrys computers, not phones. So it never came within the special concession for a mobile phone. They changed their minds at the end of February.
Now is around the time that employers should be getting to grips with 2011/12 Forms P11D. So if that’s where you’re up to and you’ve given an employee a personal use blackberry please make sure you don’t include it as a benefit. What’s more you can go back to 2007/08 and claim back wrongly paid Class 1A NICs for that year and subsequent years. In addition, employees may be due repayments of income tax.
If we can be of help with any of this please let us know.
Share this article:
Alexander & Co celebrates a bumper year with over £100 million of transacted deals
Alexander & Co is celebrating a bumper year, as our corporate tax and business advisory team advised on… Read More
What does an HMRC tax investigation involve?
Whether you’re a growing business or a big corporation, the HMRC investigation process can be invasive and time… Read More
Loan Charge and disguised remuneration
Payment deadline & policy review – an update Scheme providers devised remuneration loan arrangements with the aim of… Read More
Mike Lyons Financial Director – AKW Group PLC
"A reliable, smart, accurate and efficient service. We have been using the Alexander & Co payroll bureau for… Read More
Daniel Weidenbaum Group Finance Director Trumeter Technologies Ltd
We decided to transfer our Audit this year to Gary Kramrisch and his team at Alexanders and having… Read More
Andy Beswick Vinyl Compounds Ltd
We were introduced to and appointed Alexander & Co as our auditors during the past year, their audit… Read More
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.