Why is it that Van/Travel Expenses are sometimes filed as allowable and sometimes not. I thought all are allowable. Confused. Is this a bug?

Forum|Forum|4 years ago
November 15, 2021
1 reply
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QuickBooks Self-Employed

Ashleigh1

Level 14

Hello Me-stevesullivan,

Welcome to the Community page,

Are you using the simplified expense method/ pence per mile or are you accounting for all your car/van expenses separately?

If you are using the pence per mile, simplified expenses method then you would use car and van expenses as the category. If you are not and account for all your expenses relating to vehicles separately then you would have to use travel expenses as the category.

me-stevesullivanAuthor

Some Travel expenses are catagorised as allowable and some not in my app. I can’t find anywhere on the Inland Revenue advice that says that these categories are split though??

Carneil_C

Level 6

Hello, @me-stevesullivan. I'd be happy to share some details about your concern.

QuickBooks calculate your self-employment taxes based on your business income, spending, allowable expenses and the information you have set up in your Tax Profile. Here’s an article that can help you in tax calculations at tax time.

I’d still recommend reaching out to your accountant and have them see what’s really causing this issue.

You can also check these articles for more details about:

Car, Van and Travel expenses.
Allowable and Disallowable Expenses.

If you have any other questions, please feel free to leave a comment below. I'll get back here as soon as I can to help you again. Thanks for dropping by, wishing you a good one!

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