I am new to this and want to know where I enter the flat rate I can claim for Use Home as Office?
I do not know where I enter this?
I created a new nominal code - which for me is 7105 and I called it Use of Home.
If you go to reports then chart of accounts you’ll see a button titled ‘create new account’
Click on it and then click on the second radio button just before the words ‘enter specific code’.
Enter the code 7105 and name the account ‘Use of Home’. Then click on the save button.
When you pay yourself, tag the payment to 7105 in the bank screen.
Please ignore the above - I have just realised that QF has its own built in code for this, it’s 7850 use of home as office.
My apologies.
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