Can the company claim for mobile phones, landlines and broadband ? You can claim for the cost of one business mobile phone, telephone or broadband, subject to HMRC guidelines.
Can the company claim for repairs, tools and equipment and capital expenditure used in the performance of your work? Generally, capital items are those items that will have enduring benefit to your limited company. Examples are computers, tools, office furniture and motor vehicles. If the items purchased are owned by the business, capital allowances will be claimed rather than the full cost being an allowable expense in the year of purchase.
