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Paying tax on cashback
Teacher2012
Posts: 8 Forumite
in Cutting tax
Hello!
I'm sorry if this is in the wrong place. I am a member of topcashback.co.uk and was just wondering will I have to pay tax on any money I get back via this site?
Many thanks in advance,
Teacher2012
I'm sorry if this is in the wrong place. I am a member of topcashback.co.uk and was just wondering will I have to pay tax on any money I get back via this site?
Many thanks in advance,
Teacher2012
0
Comments
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Since you already made purchases this is a discount on those purchases so I don't believe you do pay tax.
However I use a cashback site too, so I'm subscribing to the thread to check.
But my assumption is that it is NOT income and therefore not taxable.
Now get back to your planning;)Don't put it DOWN; put it AWAY"I would like more sisters, that the taking out of one, might not leave such stillness" Emily Dickinson
Janice 1964-2016
Thank you Honey Bear0
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