8 Oct
2012
8 Oct
'12
6:12 a.m.
I usually buy outright now due to tax reasons. I am entitled to buy as
part of salary packaging, a phone in my name. The company re-imburses me the cost of the phone in lieu of salary and claims the phone expense. I can then claim the phone expense in my personal income tax return; but I must buy the phone in my own name. Talk to your accountant to see if it will work out for you.
You can't claim something twice. If the company claims the phone then you can't claim it.
As I said, talk to your own accountant. Teachers do the same thing with salary packaging of laptops.
As Russell says, you can't claim something twice. Teachers may well "do the same thing" but they're double dipping.
IAAA (I AM an accountant)