Tax issues online surveys

maria289

I am completely new to this and wondering if anyone could help me out.
I have read several threads regarding tax and declaring online survey income and wanted to know who has declared themselves self-employed primarily for online surveys.
I am currently employed part time and really need some extra income and I am still not sure whether it is worse all the hassle or not!
Thankyou for any help

MoneySaver82

Hi there

I registered as self-employed just for surveys. I do other part-time work but this is paid via PAYE so I registered for self-assessment just to declare survey income. It's really straight forward to do and once it's set up I just keep a spreadsheet of what I receive from survey companies so I can declare this at the end of the year and also make deductions from what I've made for heat/light/running computer/printing costs.

maria289

Thankyou for your help. And does the HMRC take your tax owed at the end of each tax year I presume (April)?

droopsnoot

Sometimes they want it paying when you complete self-assessment (by Jan 31st 2013 for tax year 2011/2012), sometimes they will just adjust your tax code and take it back that way. I am not sure how the decision is made.

googler

maria289 wrote: »

Thankyou for your help. And does the HMRC take your tax owed at the end of each tax year I presume (April)?

Not quite - you PAY the tax you owe to HMRC by a due date (usually end of January) following the end of the tax year concerned.

For the current tax year, 6.4.2012 - 2013, tax will be due in early 2014.

alienacademy

i m also a member of some survey companies. i joined it for some extra cash
but didnt give any tax for my earning as its very low.
by the way how much you are earning with it

nonethewisa

Ive received a little over £10 for a few online surveys ive done over the last few months, do i really need to register as self-employed? If so, it hardly seems worth doing the surveys.