Simplify Mobile Expenses
Whether you are self-employed or using a personal mobile smart device for work, you are left to prove the minutes and data consumed in the performance of work. Highlighting a paper mobile bill, to attach to an expense report, can be time consuming. Also, with no way to breakdown your mobile data use, from your mobile bill, you face loss of expenses and tax deductibility opportunity
With personal use of mobile smart devices becoming a taxable benefits, due to the personal benefit derived, isolating business use is the only way to remain tax complaint. Increasingly, tax authorities are seeking to be creative and even a fixed monthly amount, paid by the client / employer, is deemed a benefit in kind and is not exempt from taxation
The MCM Platform is a real-time analytics platform, which makes your mobile smart device expenses easy to manage and be tax complaint: