- Joined
- Jul 22, 2019
- Messages
- 52
- Points
- 138
Hi there
Just wondering if anyone else is doing their end of year accounts and self employed tax return?
I always leave it until January to complete, which is very silly really but every year it is the same!
I have been doing my own self employed assessments for the last five years now (never met the tax threshold, though). In previous years all my meagre income was from online ebay and Etsy sales. This is the first year that I need to include income from other WFH sources.
I know Matched Betting profit does not be to be included as earnings as it is tax exempt. I am also assuming that CashBack earnings from places like TCB, Quidco, Shoppix, MobileXpresions, and OhMyDosh does not need to counted as these are customer rewards as such (like getting money of shopping vouchers type of thing). Is this correct? Can I disregard this type of income?
I am thinking that I will need to include my earnings from the following but not cashback:
Respondent
Prolific
UserZoom
Crisp Thinking
UserTesting
I don’t think I have any other sources other than ebay and Etsy sales. I can pull off all my figures from PayPal as all my payments go there.
Can I please have your thoughts on this? Any advice regarding cashback? What do you do at year end?
Thank you.
Just wondering if anyone else is doing their end of year accounts and self employed tax return?
I always leave it until January to complete, which is very silly really but every year it is the same!
I have been doing my own self employed assessments for the last five years now (never met the tax threshold, though). In previous years all my meagre income was from online ebay and Etsy sales. This is the first year that I need to include income from other WFH sources.
I know Matched Betting profit does not be to be included as earnings as it is tax exempt. I am also assuming that CashBack earnings from places like TCB, Quidco, Shoppix, MobileXpresions, and OhMyDosh does not need to counted as these are customer rewards as such (like getting money of shopping vouchers type of thing). Is this correct? Can I disregard this type of income?
I am thinking that I will need to include my earnings from the following but not cashback:
Respondent
Prolific
UserZoom
Crisp Thinking
UserTesting
I don’t think I have any other sources other than ebay and Etsy sales. I can pull off all my figures from PayPal as all my payments go there.
Can I please have your thoughts on this? Any advice regarding cashback? What do you do at year end?
Thank you.