Clickworker 17 August 2012 at 8:13PM edited 30 November -1 at 1:00AM in Boost Your Income 178 replies 107.7K views

Joraffe

I am asking because I can't find it!

Joraffe

Obvioulsy I have already looked but it seems that there used to be referal threads and they have been closed??!! Why?

Browntoa

They automatically get closed after a period of thread inactivity.

Open a new one

polkasquares

Is anyone here registered with Clickworker?

I have a question with regards to receiving payment. I know that you need to have a PayPal account to receive payment for the work you do, but my question is, they pay you in euros, so once the money is in your PayPal account, do you then convert it into GBP £? If so, wouldn't that mean you actually get paid less for the work because you need to factor into account the exchange rate and the conversion fee that PayPal charges you to convert from euro to GBP £?

marmaladeatkins

You get paid in Euros and it shows as Euros in your Paypal account, separate from any GBP balance. Your total balance is shown in GBP and when you withdraw the Euros it does so as GBP (or at least shows them as such). Yes it takes in to account exchange rates - so 5 Euros might show on your account as £4.52 (as an example).
From what I recall when withdrawing there is no conversation fee - if you withdraw from your Euro balance, you get the full amount as GBP in your bank account.

polkasquares

marmaladeatkins said:

You get paid in Euros and it shows as Euros in your Paypal account, separate from any GBP balance. Your total balance is shown in GBP and when you withdraw the Euros it does so as GBP (or at least shows them as such). Yes it takes in to account exchange rates - so 5 Euros might show on your account as £4.52 (as an example).
From what I recall when withdrawing there is no conversation fee - if you withdraw from your Euro balance, you get the full amount as GBP in your bank account.

Thanks!

I have another question: when it comes to filling in your self-assessment tax return form and having to provide the income amount that I made from Clickworker, I'm not sure which figure I'm meant to provide - do I provide the Euro balance or the GBP balance? If it's the GBP balance, then do I provide the balance without the exchange rate or with the exchange rate?

marmaladeatkins

Sorry, I've never earned enough from CW to include it in self-assessment. But having done so from other sources, mainly in US$, I personally have always used the GBP conversation amount for self-assessment purposes. I've never included a conversation rate since it fluctates, I have just added up, for example, monthly GBP amounts for the year.

polkasquares

marmaladeatkins said:

Sorry, I've never earned enough from CW to include it in self-assessment. But having done so from other sources, mainly in US$, I personally have always used the GBP conversation amount for self-assessment purposes. I've never included a conversation rate since it fluctates, I have just added up, for example, monthly GBP amounts for the year.

Thanks for the info! Very helpful!