Personal tax, "other income"

[ratewhore]

Information from members experience is appreciated!

never mind members experiences, ask a qualified accountant...

[Archangel]

Yes there is, Question 13




No, Yes, Yes, No.

HTH

tim

What he said

[tim123]

I occasionally receive payments which I would not ordinarily consider "income" but the personal tax return does have a section to declare such other income.

Yes there is, Question 13

I understand that private sales on ebay of my old TV etc would not count, but for instance would a Qdos £20 referral need to be declared as income? And would £300 agency referral payment need to be declared? Finally, my bank made some mistakes recently and paid me £50 for my loss of time, would that need to be declared?

No, Yes, Yes, No.

HTH

tim

[richy]

I occasionally receive payments which I would not ordinarily consider "income" but the personal tax return does have a section to declare such other income.

I understand that private sales on ebay of my old TV etc would not count, but for instance would a Qdos £20 referral need to be declared as income? And would £300 agency referral payment need to be declared? Finally, my bank made some mistakes recently and paid me £50 for my loss of time, would that need to be declared?

Any information from members experience is appreciated!
Regards. Richy.