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November 2011

Dual SIM mobiles could jeopardise your tax exemption

Dual SIM mobiles are gaining popularlity, particularly with business users.  Employers however should be wary as switching company phones to one of these devices may mean that employees could now be hit with a benefit in kind.

Employees with dual SIM mobiles whilst on business, for example, in Europe, could potentially save their employer money by using Skype or a cheaper local phone network, whilst still having their regular number for clients to contact them on.

However HMRC have confirmed that they treat a dual SIM mobile as two phones, therefore creating a benefit in kind for employees.

If you would like to discuss this in further detail including how to avoid the benefit in kind in this situation, please contact us.