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propserv
October 9, 2020
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Hi, why are some of my vehicle expenses such as repairs coming through my tax form as disallowance? I understood that if the vehicle is purely a business vehicle that they are allowable...

  • October 9, 2020
  • 2 replies
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Best answer by payment after leaving

Hi Meggle The self employed product automatically defaults to the Simplified expenses method/pence per mile. If you don't use this method then and you account for expenses relating to your vehicle on an individual basis then you would have to categorise these expenses as Travel expenses. Categorising the transactions as Travel will populate the amount as allowable in box 20.

2 replies

AlcaeusF
AlcaeusF
October 9, 2020

Welcome to the Community, @propserv.

 

In QuickBooks Self-Employed (QBSE), if you are manually entering the expenses and setting them to car/vehicle expense (rather than using the mileage tracker), it will automatically come through the disallowance when you attach the category. Only travel expenses will be allowable.

 

Also, I highly suggest consulting your accountant for help claiming this expense to make it allowable.

 

To learn more about this process in QBSE, consider checking out these articles:

 

 

Reach out to me in the comment below if you have any other questions or concerns. I'll be here to help. Have a good one!

M
Meggle
March 17, 2021

I have the same problem - I need my car for business but I am not doing the mileage because of Covid restrictions. Nevertheless I still have to maintain my vehicle with for example, tax, MOT, service.  When I put the transactions into my QB account they are disallowed.

P
payment after leavingAnswer
March 17, 2021

Hi Meggle The self employed product automatically defaults to the Simplified expenses method/pence per mile. If you don't use this method then and you account for expenses relating to your vehicle on an individual basis then you would have to categorise these expenses as Travel expenses. Categorising the transactions as Travel will populate the amount as allowable in box 20.

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