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HC8
Level 1

"My personal taxes have been categorised as an expense - pls can you confirm whether I can or cannot claim it as a deductible expense. I have never done so before." Also why are there ‘disallowed ‘ expenses?

 
1 REPLY 1
JessT
Moderator

"My personal taxes have been categorised as an expense - pls can you confirm whether I can or cannot claim it as a deductible expense. I have never done so before." Also why are there ‘disallowed ‘ expenses?

Hi HC8,

 

You can only claim business expenses for your tax. For personal expenses, you can tag them as Personal, so they'll not be included in your tax estimation. You can refer to this article: Self-employed business expenses: all you need to know. Please have this verified with your accountant.

 

You can also contact our QBSE Support about this matter:

  1. Go to Help.
  2. Click Contact Us.
  3. Enter a brief description of your concern in the Ask a question (or tell us what's wrong) field and click Continue.
  4. Choose an option in contacting our live support.

Feel free to go back to this thread if you have other questions in mind.

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