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Cashback/Clubcard Deals & Income Tax
Gorgeous_George
Posts: 7,964 Forumite
in Credit cards
Hi
We all know that interest from savings is taxable (except ISAs) - usually at source.
What about cashback from credit cards or even Tesco Clubcard deals? Are these taxed? If not, should they be taxed?
GG
We all know that interest from savings is taxable (except ISAs) - usually at source.
What about cashback from credit cards or even Tesco Clubcard deals? Are these taxed? If not, should they be taxed?
GG
There are 10 types of people in this world. Those who understand binary and those that don't.
0
Comments
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No, because you don't get anything without spending first... All these deals (though I love them) are not for free in the first place.0
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