Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

News

Company Computers/Laptops to be made a perk??? What will they think of next?

7 replies

MrsBigD · 02/05/2006 13:49

\link{http://www.dailymail.co.uk/pages/dmstandard/frame.html?in_bottom=www.thisismoney.com/news\Tax on PC's}

Well I'm scr*wed then Grin. Heavy personal use in the office... :(:) So if I can't do that anymore I might have to start reading 'real' newspapers and magazines!!! Shock

OP posts:
Orinoco · 03/05/2006 21:10

erm...I'm not on my company laptop now...honest..no actually, this IS work...erm....

Nightynight · 03/05/2006 21:43

Im working. Im testing internet connection software. Honestly.

Cant read the article, can someone tell me what it says?

Orinoco · 03/05/2006 21:48

EMPLOYEES face a clampdown on using work computers to email friends or surf the Internet after it emerged that both they and their employers could be taxed for the privilege.

TAXABLE BENEFT: The increasing numbers of employees given work laptops could be barred from any personal use or face large tax bills

Under measures slipped quietly into the March Budget, personal use of a company computer will be classed a 'taxable benefit'.

Firms and their staff could be taxed hundreds of pounds for each computer they use unless they can prove personal use is 'not significant'.

The stealth tax, which could raise billions for the Treasury, is most likely to affect workers who have a company computer, such as a laptop, at home.

But it is feared that it will land companies with a huge amount of extra red tape as they attempt to police the use of all their computers to ensure that personal use is kept to a minimum.

Taxation experts and opposition MPs last night called for urgent clarification on the measures, which will be debated in the Commons today as part of the Finance Bill. David Reynolds, of the Independent Association of Accountants Information Technology Consultants, said: 'This law could apply to every employee who uses a computer who is allowed personal use. The onus will be on employers to show that their staff are not using them personally.'

The change in the law results from the scrapping of the Home Computing Initiative, which was introduced in 1999 to allow employers to provide cheap computers to employees for their own personal use to the value of no more than £2,500.

The new law will apply to computers bought by companies after April 6, 2006.

On a computer costing £2,000, an employee paying higher-rate tax would have to pay £160 extra each year while the employer would have to pay an extra £51.20.

Advice from HM Revenue and Customs seems to show that employers will have to produce a clear policy against employees using company computers for their own private use, which would have to be enforced by 'reasonable checks'. The main stumbling block is over the definition of 'not significant' personal-use. Critics argue it will be virtually-impossible to enforce.

Kathlean · 03/05/2006 22:28

Hmm how are they going to value the PC/laptops? On purchase value or depreciated value.

Also I think £2k - £2.5k is a lot of money for a pc/laptop.

suejonez · 03/05/2006 22:50

This only applies to computers you take home with you and in reality is likely to apply to only those that you have on permanent "loan".

It used to be a cheap way of getting a computer but not any more.

ladymuck · 03/05/2006 22:58

Yep. DH's company run a scheme where you can get a PC World voucher for £1,000 to buy a pc with in return for a deduction from your gross salary (which for higher rate tax payers meant that the pc "costs" you £600 or so). It has ended that scheme (which it was designed to do). It's not meant to tax Mumsnetting whilst at the office though - it is just trying to stop Dh and I having subsidised pcs (which have never been near his office, but have come straight from PC World to our house).

Nightynight · 04/05/2006 21:17
Shock

meanie mr brown.

companies can easily target personal use of the internet in the office, easiest thing in the world.

New posts on this thread. Refresh page
Swipe left for the next trending thread