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Home broadband though Ltd

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    Home broadband though Ltd

    From everything I've read, home broadband can not be paid by your Ltd even if you work from home. HMRC assume you already use broadband for personal use.

    I've recently started to work from home full time and our current ADSL is way too slow for work use. The only fibre available here is the rather expensive BT FTTP. Do you think I can legitimately pay at least the difference in cost through my Ltd?

    Thanks

    #2
    no.

    Comment


      #3
      I put 50% of the cost of bband through my LtdCo. It's a fair proportion of useage. How much you wish your company to contribute will be directly proportional to your attitude to risk.

      Comment


        #4
        Originally posted by ladymuck View Post
        I put 50% of the cost of bband through my LtdCo. It's a fair proportion of useage. How much you wish your company to contribute will be directly proportional to your attitude to risk.
        Coupled with the probability of getting an HMRC investigation (very low).

        And if thats the worst "crime" they find if you do investigate you, then great

        Comment


          #5
          I do but it satisfies the two necessary tests:

          1) its wholly and exclusively for business purposes - I cannot do my job without it making it essential for me to have it. Services - like other assets provided by an employer to a director/employee at home - can have a degree of personal use so long as that use is not deemed "significant". HMRC guidance is to treat personal use as insignificant where it can be shown that the employee/director could not do their job without it (which is why we are all able to buy laptops on the business even if we don't use them 100% for business).

          2) it is a business contract in the company name.

          IMO anybody who works more than 90% from home should have no issue justifying a business broadband account so long as it is in the company name, regardless of whether or not you have a separate personal business broadband. I'm happy with this arrangement and so is my accountant.
          Last edited by TheCyclingProgrammer; 12 November 2019, 12:39.

          Comment


            #6
            Originally posted by ladymuck View Post
            I put 50% of the cost of bband through my LtdCo. It's a fair proportion of useage. How much you wish your company to contribute will be directly proportional to your attitude to risk.
            FWIW - bearing in mind you probably wouldn't get investigated - but this is not the correct way to go about claiming broadband costs from YourCo. You cannot claim a proportion of fixed costs as an employee/director. You can only claim additional costs incurred by working from home or £4/week for use of home (which should cover any personal broadband line you already have). If you were investigated this would likely be assessed as a BIK. If you want YourCo to pay for broadband, it should pay for an account in it's own name.

            To address OPs specific query - for the reason outlined above you could not claim for any broadband account that is in your name, nor could you claim for the "additional" cost of a faster connection because how would you quantify that? Get a business broadband account if you work from home most of the time.
            Last edited by TheCyclingProgrammer; 12 November 2019, 12:40.

            Comment


              #7
              Dirty subversive tax avoiders all.

              Comment


                #8
                Is this the same house you were trying to do up via your company?

                https://www.contractoruk.com/forums/...n-via-ltd.html

                Have you given up on suing the landlord that you were subletting office space from?

                https://www.contractoruk.com/forums/...ice-query.html
                https://www.contractoruk.com/forums/...nancy-law.html
                …Maybe we ain’t that young anymore

                Comment


                  #9
                  If ADSL is too slow and fibre too expensive then it may be possible to use a 3g/4g/5g mobile broadband purchased in the company name, and if it works as good as it can (depending on signal and contention) then get rid of the ADSL/landline.

                  Can get a big chunk of monthly data (20-50gb) all the way up to 'unlimited' depending on the provider and contract length, and use either a MiFi unit or SIM only in a mobile phone with wifi hotspot for getting online via other devices.

                  Cutting the cord doesn't only apply to TV.
                  Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.

                  Comment


                    #10
                    Originally posted by WTFH View Post
                    Is this the same house you were trying to do up via your company?

                    https://www.contractoruk.com/forums/...n-via-ltd.html

                    Have you given up on suing the landlord that you were subletting office space from?

                    https://www.contractoruk.com/forums/...ice-query.html
                    https://www.contractoruk.com/forums/...nancy-law.html
                    Yes and yes. Point being? You can use search?

                    Comment

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