Quidco and Topcashback - tax implications??

Huwbert

Hi, quick one as a google search is throwing up a lot of contradictory answers...

Does the cashback you get from the likes of Quidco, Topcashback and some credit cards count as taxable income if you are doing a self-assessment tax return?

asajj

Don't think this is the right place to ask. try this forum : http://forums.moneysavingexpert.com/forumdisplay.php?f=22

However I wouldn't rely on any forum advise on such an important issue

System

I would call HMRC direct.

I was advised by them, earlier this year, that I only had to declare cash back that I earned on business/self-employment related purchases.

I kept a record of when I called too, just to be on the safe side.

I second what asajj said, if you went by what people on this forum said then you wouldn't declare any online earnings if you're under the tax threshold :rotfl: