Re: Use of home as office - allowable expense?

"Simon" wrote
... look at EIM32942 - Other expenses: telephone charges: payment package
includes free calls
Section 336 ITEPA 2003
No deduction is due for the cost of business calls if the terms on
which the telephone is rented require the payment of a fixed sum to
cover both line rental and calls. In such a case there is no cost that
is wholly and exclusively attributable to the cost of a business call.

I find this bit interesting - AIUI, it applies to a telephone
line set up mainly for personal calls, which then has some
business calls made on it. However, a telephone line set
up just for the business *can* have a deduction for the
line rental (as well as the business calls). Isn't that true?
[Eg imagine someone with two lines,
one for personal and one for business.]

But, applying your quote above "in reverse", then any
personal calls made on the "business line" won't affect the
tax relief (because the personal calls are, in fact, "free") ...

So why not just set up a single telephone line for the business, with a
package including free calls (which you also use for personal calls!) ?
;-)


.

Relevant Pages

  • Re: Low Cost Hydrogen is here to stay
    ... I build a business model and note gaps, failings, cost ... and then use the coal to make jet fuel. ... use solar hydrogen to hydrogenate coal directly making liquid ...
    (sci.energy.hydrogen)
  • Re: Low Cost Hydrogen is here to stay
    ... I build a business model and note gaps, failings, cost ... and then use the coal to make jet fuel. ... use solar hydrogen to hydrogenate coal directly making liquid ...
    (sci.energy.hydrogen)
  • Re: more and more excel to access....and the inputs are really stupid
    ... the management of operations at this plant for their main customer and would ... business decisions as quickly as possible. ... while you make modifications that cost us $$$. ... MATTER what we do we are wrong and no matter how good the database is ...
    (comp.databases.ms-access)
  • Re: Repair business potential?
    ... **I've been in the repair biz for 30 years. ... that the business is shrinking. ... (Amplifier cost around AUS$7,000.00) ... A round of price cutting will occur and consumers will be able to ...
    (rec.audio.tubes)
  • Re: the free software paradigm [was Re: Amazon used lisp & C exclusively?
    ... stick wrt big business vs small business. ... economics of the software industry and cost all of us better tools. ... I actually just wanted to write a book on using Lisp in commercial ...
    (comp.lang.lisp)