Are Personal Phone Calls Costing You Money?

Small businesses in the UK are spending around £400 million a year on personal calls made by employees on company phones and mobiles according to new research by telecom expense specialists Aurora Kendrick James.

This huge cost not only undermines the profitability of British businesses, it also puts them at risk of inadvertently breaking tax regulations by mistakenly reclaiming VAT on the total mobile phone bill – rather than reclaiming just the business element…