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Query re online survey sites & taxes
ceh85
Posts: 5 Forumite
Hi everyone! I'm new here and have been reading through some of the threads about completing online surveys/reviews for cash or vouchers.
I've signed up to a few of these sites, though I only did it this week so haven't started reaping the rewards yet!
My query is whether I have to register myself as self-employed with the IR, even though I will probably only make a couple of hundred pounds a year, if that! Is it still necessary? I know the answer is probably floating around here somewhere but I haven't come across it yet!
Thanks!
I've signed up to a few of these sites, though I only did it this week so haven't started reaping the rewards yet!
My query is whether I have to register myself as self-employed with the IR, even though I will probably only make a couple of hundred pounds a year, if that! Is it still necessary? I know the answer is probably floating around here somewhere but I haven't come across it yet!
Thanks!
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Comments
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Hi, me again!! I probably should also mention that I am on income support at the moment and I'm not sure if this would be affected should I start making a little money from these websites - does anyone know?
I know I've asked a lot of questions, sorry! This is a whole new thing for me though so I am a bit unsure how to go about it.
Thanks for reading!0 -
You will be lucky to make hundreds of pounds.You will earn lots of vouchers.I maybe wrong but i don't declare my cash earnings it is quite minimal.In 4 years i have earned £200.0
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dont worry about it im on IS too i dont declare any earnings from Surveys, Ebay, STP etc.. saying that i've only made about £50 in the last few months!Had my amazing little girlie 08/12/2007 - 11 days late! 9lbs 3oz
My second little girl entered the world 20/03/2010 - 11 days late! 8lbs 4oz
Sealed pot challenge 4 - 332
Make £11k in 2011 £0/£11000 - 0%
And lots of other challenges!
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Hey guys, thanks for the info!
Having been registered for a few days now I also agree that I won't be making my fortune anytime soon! But I'm not complaining, every little helps eh! (and no, I don't work for a well-known supermarket chain
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My accountant told me that I have to declare if I receive cash payment (e.g. Paypal) but I don't have to declare if it's paid in vouchers (e.g. Sainsbury's, Argos, Amazon etc)0
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Apparently you do have to register for Self Employed even if you not making thousands of pounds in cash from surveys and mystery shopping, etc. IIRC you only pay tax on your main job.
I still haven't done it myself but I need to shortly.
This is a really useful first post: http://forums.moneysavingexpert.com/showthread.html?t=12181450
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