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Experienced Member
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Dog walker insurance premium transactions not being allowable expense

Hi,

I just wondered why my dog walker insurance premium transactions are not an allowable expense? I'd be grateful if someone could answer this for me.

Regards,

Becky

Best answer 04-04-2019 12:52 PM

Accepted Solutions
QuickBooks Team

Re: Dog walker insurance premium transactions not being allowable expense

Thanks for the response, rebeccajturner.


Allow me to chime in and clarify why the dog walker insurance premium is tracked as disallowable expense.


This can happen if you’ve selected the simplified expense method to calculate the deduction and also entered the number of hours on the Tax profile. You’ll have to update the settings for your QuickBooks Self-Employed account, so it will be categorised as allowable allowance.


Here’s how:

 

  1. Go to the Gear icon at the top, then choose Tax profile.
  2. In the Tax profile window, go to the Do you work from home? section.
  3. Remove the hours entered in the field box.
  4. Click on Save.


After changing your profile, go to the Taxes tab and open the Self-Assessment summary Report. From there, you should see the insurance is already tracked under Allowable expenses.

 

Just in case, check out this article for more details: Work from home deduction.

 

If you have additional questions about QBSE, post a reply below. I’ll be right here to assist further. Have a good one.

 

5 REPLIES 5
QuickBooks Team

Re: Dog walker insurance premium transactions not being allowable expense

Hi Rebecca welcome to Community.

 

Can I please confirm which category you have selected for the transaction?

 

Thanks,

 

 

Experienced Member

Re: Dog walker insurance premium transactions not being allowable expense

Rent/Insurance/Utilities 

QuickBooks Team

Re: Dog walker insurance premium transactions not being allowable expense

Hello rebeccajturner,

 

Do you have access to Facebook or Twitter? If so, could you please send us a PM with your email address and a screenshot of the transactions so we can look into this further for you?

 

Thanks,

 

Talia

Experienced Member

Re: Dog walker insurance premium transactions not being allowable expense

attached

QuickBooks Team

Re: Dog walker insurance premium transactions not being allowable expense

Thanks for the response, rebeccajturner.


Allow me to chime in and clarify why the dog walker insurance premium is tracked as disallowable expense.


This can happen if you’ve selected the simplified expense method to calculate the deduction and also entered the number of hours on the Tax profile. You’ll have to update the settings for your QuickBooks Self-Employed account, so it will be categorised as allowable allowance.


Here’s how:

 

  1. Go to the Gear icon at the top, then choose Tax profile.
  2. In the Tax profile window, go to the Do you work from home? section.
  3. Remove the hours entered in the field box.
  4. Click on Save.


After changing your profile, go to the Taxes tab and open the Self-Assessment summary Report. From there, you should see the insurance is already tracked under Allowable expenses.

 

Just in case, check out this article for more details: Work from home deduction.

 

If you have additional questions about QBSE, post a reply below. I’ll be right here to assist further. Have a good one.