Tax rebate

Hello. You can categorize it as a Transfer so it doesn't get taxed as additional income, Laura. However, I highly recommend consulting your tax advisor to verify this category. They are the ones who can provide accurate information about applying categories.
 

1. Log in to QuickBooks Self-Employed and go the Transactions tab.
2. Find the transaction where the tax rebate was deposited into your business account.
3. Click on the transaction.
4. Review the category in the Category column.

To keep your bank data accurate, you can visit these articles:

• Categorize transactions .
• Categorise money transfers.
• Use reports to fill in your tax return in QuickBooks Self-Employed.

Post again if you have concerns about handling transactions in the program. I'm here to help anytime.