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Apr 27, 2023 8:22 AM UTC
Question

HMRC Payments

Hi

I'm a sole trader and want to know if the payments I make to HMRC are classed as an allowable or disallowable business expense?

1 reply

Apr 27, 2023 8:44 AM UTC

Hello David7215, In QuickBooks Self Employed tax payments should be categorised as business>taxes. You can then check your reports and see it will fall under IDisallowable Expense.