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bank bonus
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zonnetje
Posts: 1 Newbie
in Cutting tax
Do I have to declare the £100 bonus I receive from the bank because I opened an account with them (A&L or First direct i.e.) on my self assessment form as income?
0
Comments
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No. This is treated as a cash discount and is not a taxable amount.
If it were, the bank would give you a certficate of tax deducted but I have not come across any case where this has been applied.If it’s not important to you, don’t consume it0
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