Skip to main content
O
Ohdub
March 19, 2022
Question

Ontario PST

  • March 19, 2022
  • 1 reply
  • 0 views

For my insurance expenses, only Ontario PST applies, but there doesn't seem to be a way in QuickBooks Self Employed to apply PST only to the expense, only HST. Is there a way to do this?

Thanks

1 reply

Jen_D
Jen_D
March 19, 2022

Thanks for reaching out to us about this tax concern for your expenses, @Ohdub.

 

The settings in QuickBooks Self-Employed sales tax processing are non-customizable at the moment. For now, when you tax expenses, only HST can be assigned, Having the option to assign a different tax code will be very helpful to categorize your transactions properly and ensure your tax reports are accurate.

 

You can log your product suggestion for now from the Assistant menu of your self-employed account. Here are some related links about handling income and expense taxes in QuickBooks Self-Employed:

 

 

Please post here anytime if you have other questions or concerns with the program, especially tax processing. I'll be more than happy to help you out.

O
OhdubAuthor
March 20, 2022

Thanks for your response @Jen_D

It seems like an oversight to not allow pst only on an expense in QB self employed, as only pst applies to insurance premiums and likely every single self employed person has business related insurance expenses.

I'm not finding where to make a feature request, can you give me a link?

 

Thanks,

Steve

O
OhdubAuthor
March 20, 2022

@Jen_D never mind, I found where to make the feature request. Thanks.

Terms & ConditionsAccessibility statement