P11D - mobile phones

P11D - mobile phones

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husband + wife limited co
co contract for mobiles been in existance for years

husband is director + shareholder + remunerated
wife is co secretary, not remunerated

with last years budget changes to mobiles is the wifes mobile transactions now reportable on p11d ?
if so which box ?
chargeable to class1A ?

tia
kiwi

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By User deleted
27th Jun 2007 11:49

P11D & Mobiles
If she is an employee (even unremunerated) then the phone will be exempt.

If not, if the phone was held at 6/4/06 then it will still be exempt under the transitional rules.

If the phone has been changed in the tax year then it will become a taxable benefit on the husband. Taxable on annual value and rental & call costs.

See EIM 21778 & EIM 21779

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