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Halifax Rewards - gross or net?
Comments
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Thanks for the extra clarification.0
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That's what Halifax told me too. But HMRC told me to include it as savings income, which I have done every year up to now.The Halifax Reward £5 payments (and the tax paid) on the current account have to go on your self assessment return under 'other income' not in the section for savings interest.
Honestly, I don't think HMRC really know whether this counts as an interest payment or not.0 -
glider3560 wrote: »That's what Halifax told me too. But HMRC told me to include it as savings income, which I have done every year up to now.
Honestly, I don't think HMRC really know whether this counts as an interest payment or not.
Then they need to read their own flippin' manual
https://www.gov.uk/hmrc-internal-manuals/savings-and-investment-manual/saim80000
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