PAYE & Self employed

I want to begin this thread by thanking you for giving QuickBooks Self-Employed (QBSE) a try, @mike585. 

Please know that these are the following main benefits of using QBSE:

• Organise your business spending.
• Maximise your business deductions.
• Claim a mileage deduction by tracking the business miles you drive.
• Help you figure out your business profit.
• Calculate your estimated tax payments.
• Put your expenses into the correct Schedule C categories.
• Export your records to an easy-to-read Schedule C.

Right now, QBSE doesn't calculate PAYE earnings. Although you can enter it on the Tax Profile page.

Here's how to complete the process:

1. Click the Gear icon at the top.
2. Under Taxes, choose Tax profile.
3. Go to the Estimated employment income field and enter your PAYE earnings.
4. Hit the Save button.

For your visual reference for the steps I've provided above, check below screenshots:

In case you need tips in the future, visit our QuickBooks Help Articles site. 

You can get back to me anytime you have additional questions in QuickBooks by posting your response below. I'll do whatever it takes to ensure your concerns are addressed.

This is a detailed reply but in my opinion doesn't seem to answer the question.  I have the same question.  

I've already received my personal allowance within my PAYE employment.  I don't need to calculate tax on that.  However, any additional earnings I make in self employed are taxable from my first penny of additional earnings because I've already had my tax free allowance in my PAYE employment.  

I have put in my estimated (actual) PAYE earnings from my P60 document for tax year 2019/2020.  However, I wonder if I need to change my tax free amount on quickbooks self employed from £12,500 to £0 for it to automatically calculate the tax I will owe? 

Any advice welcomed from people who are both PAYE & self employed and use quickbooks to calculate their self employed tax.  Thanks 

Thanks for joining this conversation, @GoodThinkingPsychological.

You can follow the steps shared by my colleague above to enter the PAYE earnings since QuickBooks Self-Employed (QBSE) doesn't the option to automatically calculate it. However, I highly suggest consulting with your tax adviser so you'll be guided in selecting the proper categories for your transactions and earnings.

Just in case, I'll add these articles for future reference:

• Expenses if you're self-employed 
• Three tax calculations to help you at tax time
• QuickBooks Self-Employed UK Tax Profile Set Up

Please leave a comment below if you have any other concerns or questions, and I'll get back to you right away. I'm always here to help. Have a wonderful day!

Hi ! I am in the exact same situation. Did you manage to overcome this? If so, please let me know how i can do the same.  Thanks !

Let me reiterate what the other previous agent told us, useralixfmccartney.

As mentioned by @MirriamM, QBSE doesn't calculate PAYE earnings, but you can enter it on the Tax Profile page. To do this, please check out the steps below,

1. Click the Gear icon at the top.
2. Under Taxes, choose Tax profile.
3. Go to the Estimated employment income field and enter your PAYE earnings.
4. Click Save.

Although, I know how you want to load your PAYE earnings into Quickbooks to know the accurate tax you owe or due, I'll make sure to take note of this. 

In the meantime, you can check out this article for more information: Three Tax Calculations To Help You At Tax Time.

Also, for your reference, you can visit this article for your guide: QuickBooks Self-Employed Overview.

Please let me know if you have any other concerns about PAYE earnings. I'm here to further assist you if there's anything else you want us to help with.