Results 1 to 7 of 7

 

Thread: Broadband tax deductible?

  1. #1
    Registered User

    Status
    Offline
    Join Date
    Dec 2005
    Posts
    172
    Thanks
    2
    Thanked 1 Time in 1 Post


    I'm thinking of counting the broadband as a business cost. It's a personal use contract, but I would only be deducting the proportion I use for business - say half. Do you think the Taxman would accept that?

  2. #2
    D-Mac's Avatar
    Registered User

    Status
    Offline
    Join Date
    Mar 2004
    Location
    Surrey
    Posts
    1,353
    Thanks
    29
    Thanked 49 Times in 44 Posts
    I would do the whole lot. Surely you wouldn't bother with the internet if it wasn't for your business
    David Macfarlane
    Cost effective web development. Codewise

  3. #3
    DioBach's Avatar
    .com

    Status
    Offline
    Join Date
    Dec 2006
    Location
    Tenby, Wales, UK
    Posts
    778
    Thanks
    16
    Thanked 21 Times in 11 Posts
    I stick the whole bill in, the accountant hasn't quibbled yet.

  4. #4
    Shane's Avatar
    Moderator

    Status
    Offline
    Join Date
    Aug 2003
    Location
    sheffield - Worldwide Skiver
    Posts
    3,311
    Thanks
    12
    Thanked 70 Times in 34 Posts
    yah whole bill for me too, after 8-10 hours of web use at the office, I'm not in the mood for recreational surfing when I get home.. am sick of looking at a screen most days

  5. #5
    Registered User

    Status
    Offline
    Join Date
    Mar 2005
    Posts
    226
    Thanks
    0
    Thanked 0 Times in 0 Posts
    charge the whole thing
    Steve

  6. #6
    Merchant User

    Status
    Offline
    Join Date
    Apr 2006
    Location
    Cheshire
    Posts
    1,441
    Thanks
    16
    Thanked 18 Times in 17 Posts
    Yep, charged it here, but did have the broadband account changed into business name of course, you'll need this for invoicing purposes!

  7. #7
    hrbs's Avatar
    Registered User

    Status
    Offline
    Join Date
    May 2006
    Location
    Barnsley
    Posts
    293
    Thanks
    2
    Thanked 53 Times in 25 Posts
    Charge it all, as it is necessary for your business and any personal use is "incidental".

    Regards

    Keith
    Fixed Fee Accountants and Small Business Specialists - High Royd Business Services Limited



Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Is PC tax deductible?
    By Top banana in forum Everything Financial : Funding, VAT, Taxation, Startups
    Replies: 4
    Last Post: 09-02-07, 05:21 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
To Top

Content Relevant URLs by vBSEO 3.5.0 RC2