Skip to main content

Get 50% OFF QuickBooks for 3 months*

Buy now
Switch to QuickBooks and 70% off for 3 Months
May 7, 2019
Question

How should i categorise my direct debit monthly payments to hmrc? These are payments towards my self assessment.

  • May 7, 2019
  • 2 replies
  • 2 views
No text available

2 replies

Level 8
May 7, 2019


Hello info228,

 

Welcome to the Community - thank you for your question!

 

We are unable to advise which category to use, as we are not accountant trained. Please look through the attached article which goes through what to use each category for: https://quickbooks.intuit.com/community/Taxes-and-Year-End/About-SA103F-Categories/m-p/239287?advanced=false&collapse_discussion=true&filter=location&location=category:community-uk&q=self%20employed%20categories&search_type=thread

 

If you are still unsure, we would advise to speak to HMRC or an accountant.

 

Thanks,

 

Talia

November 25, 2020

do I just exclude this transaction? it would be useful to have a label. 

Level 14
November 25, 2020

Hello Clairebear03, 

 

Thanks for posting on this thread, if the transaction is needed to be excluded then just exclude it from the list.