Tax weekend and mobile phone

Tax weekend and mobile phone  

 

Question:

Hello,
I would like to consult with you in connection with a tax \ "weekend \". The case is the following: Owner of Ltd. uses a personal mobile device, but the SIM card is purchased in the company's name and the mobile operator issues invoices for the telecommunication service. Should a tax be charged for the costs of personal use of the SIM card in accordance with Art. 204, para 1, item 4. The owner exercises personal work in the company, carries out cosmetic services and receives no remuneration for his work.
Thanks in advance!
Greetings!

 

Answer:

 

Hello,

When it comes to the cost of an asset whose use is so mixed and difficult to distinguish that tracking and dividing "corporate" from "personal" use is practically impossible or excessively difficult, it is a reasonably even split of these costs (50 / 50).

You have the possibility to tax the costs of "personal" use either under the Personal Income Tax Act (as benefits in kind for natural persons) or under the CITA (with tax on the expenses under art. 204, para 1, item 4). of taxation is done by declaring in the GTD. But in any case, the "personal" costs should be subject to a 10% tax.

We hope we have been useful

Greetings.