WebJun 17, 2016 · Mobile Phone Expenses. Today we will look at mobiles phones and whether they can be treated as a valid business expense as they are often used for both personal and business calls. Purchase of a mobile phone. The mobile phone must be paid for out of the Business Bank account, and be owned by the Limited Company and not the Limited … WebLtd. definition, limited (def. 4). See more. Ltd. is an abbreviation for limited.It is primarily used to indicate a limited company in the UK, Canada, and a few other countries.. Ltd. is used at the end of a company’s name to designate it as a limited company, such as Huawei Technologies Group Ltd.A limited company, also known as a limited liability company …
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