how to declare survey vouchers on tax return

novamation

I got £20 in amazon vouchers from valued opinions last year, anyone know where this goes on the tax return?

heh, is first time I've done one and it's daunting, not sure if this is the right forum, but I posted it here, 'cos I know lots of you do surveys.

also, I get store vouchers from an American online art store, any time my artwork is chosen for their gallery.... I guess that has to be declared too? It's in dollars though. argh this is confusing.

Lethal

I tend not to declare vouchers.

dave4545454

it seriously aint worth the hassle of declaring a little £20 voucher. no-one bothers declaring small internet earnings

Mrs_Money

If you declare vouchers the taxman tends to change your code - as if you always receive them regularly (i.e. monthly/yearly). My DH had some M&S vouchers from work once for a "Christmas box" - they declared them to the taxman for him :eek:which resulted in his code being wrong for a couple of years before we realised!
I just regard them as a gift now and then forget about it!

novamation

Mrs_Money wrote: »

If you declare vouchers the taxman tends to change your code - as if you always receive them regularly (i.e. monthly/yearly). My DH had some M&S vouchers from work once for a "Christmas box" - they declared them to the taxman for him :eek:which resulted in his code being wrong for a couple of years before we realised!
I just regard them as a gift now and then forget about it!

can I ask what they changed his code too?? I mean, did just recieving a voucher make him self employed?

my situation is complicated, I'm employed and self-employed as well, I can't see how declaring £20 in vouchers would be a problem for me. I'm not earning enough to pay tax anyway, so..?

tbw

Nova - declaring vouchers like these is quite likely to open a can of worms!!! Some Tax Offices are already trying to say that you HAVE to pay tax on the full value of any goods or services you receive - even things like a train journey which you ONLY undertake in order to assess the service (straight there and back - absolutely no value at all cos you wouldn't go on the train other than to assess the service) or a burger which you only taste to assess its quality and then bun the rest cos you don't normally eat burgers.

Never mind that these things are of no valyue to you - the Tax Office may argue that they COULD have been of value!!!

Keep you head down, keep the vouchers and forget about it - we'll have them trying to charge tax on our Tesco CC vouchers next, after all, we 'earned' them by doing our shopping.

Mrs_Money

Novamation - no, having a change to your tax code doesn't mean you are necessarily self-employed. You can have various tax codes under the PAYE scheme, depending on your circumstances - for example if you have to wash work clothes/uniform at home - you cant get some tax allowance for that and still be PAYE.
If you are not earning enough to pay tax anyway - why bother to declare £20??????

novamation

Mrs_Money wrote: »

Novamation - no, having a change to your tax code doesn't mean you are necessarily self-employed. You can have various tax codes under the PAYE scheme, depending on your circumstances - for example if you have to wash work clothes/uniform at home - you cant get some tax allowance for that and still be PAYE.
If you are not earning enough to pay tax anyway - why bother to declare £20??????

I have to fill out a tax return anyway, and I just wanted to make sure I'm covering all bases. Bearing in mind, with the art store vouchers, it's a few hundred dollars in vouchers:eek: as well.

novamation

tbw wrote: »

Keep you head down, keep the vouchers and forget about it - we'll have them trying to charge tax on our Tesco CC vouchers next, after all, we 'earned' them by doing our shopping.

haha if they come after my boots advantage points I'm going to pay them in boots vouchers:rotfl:

Fire_Fox

Points accrued on spending such as Clubcard and Advantage are a cashback scheme, basically a discount on your shopping, not 'wages' like survey vouchers.

LeeSouthEast

Do not declare. Save yourself the hassle.

It'll only !!!! up your future tax as they'll assume you 'always' get them.