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My client recently started up a business that he operates from home as a limited company. He is the only employee and needs to keep in touch with his clients at all times requiring a mobile phone and a fast internet connection.
I believe that it would be tax advantageous if these were to be in the company’s name rather than his.
However when he approached a well-known provider of these services they explained that they did not provide business services and for credit check and other purposes (money laundering?) the contract would have to be in his name.
The client could pay for these services from his personal account (thus avoiding business account charges) and be credited in his director’s current account.
Could this be done perhaps with him saying when taking out the contracts that he was acting as an agent for his...
