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April 4, 2021
Question

Hi, I think there’s some sort of error on my self-employed app where it’s calculating this tax year from Jan 1st 2021 instead of April 4th 2020....how can I solve this? Is this to do with Brexit...?

  • April 4, 2021
  • 1 reply
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1 reply

April 4, 2021

Hi @rebeccaleggett-b,

 

For QuickBooks Self-Employed (QBSE), it will start to calculate your taxes at the start of your self-employment date. 

 

If you have transactions before your self-employment date, then these will be ignored in your Self-Assessment Summary. To check your self-employment date, follow the steps below:

 

  1. Go to the Gear icon. 
  2. Select Tax Profile

Check out the screenshot below for your reference:

 

As for the changes brought by Brexit, you can view this article: Brexit FAQ. It's a list of common questions our users have for QuickBooks Online and QBSE about this process, along with their answers. 

 

Post a reply if you have other concerns about your tax profile in QBSE. I'll be around to help you out.