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info2223
Level 1

there lots of expenses showing up as disallowable on my self-assessment summary in quickbooks. why is this happening? all of the expenses that i have put in are allowable

i have categorized all of the expenses but they are still showing up as disallowable. what doe this mean?

1 REPLY 1
ZuzieG
QuickBooks Team

there lots of expenses showing up as disallowable on my self-assessment summary in quickbooks. why is this happening? all of the expenses that i have put in are allowable

In QuickBooks Self-Employed (QBSE), you need to categorize expenses correctly as allowable or disallowable based on your tax profile, Info2223.

 

Your expenses appear as disallowable in the self-assessment because they were categorized as Personal. Make sure to distinguish between Personal and Business expenses when categorizing transactions.

 

To fix this, review and recategorize your expenses in QuickBooks so business expenses are properly identified and you can claim the correct tax deductions. For more details, see our article: Understanding allowable and disallowable expenses.

 

If the issue continues after recategorizing, I recommend consulting your accountant to ensure the correct method is used for categorizing and for guidance on account classifications, or contacting our Live Support team, who can securely access your account and assist you.

 

The Community is always here if you need further help.

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