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cashback from bank

Answer
fai
Posted Fri, 20 Dec 2024 16:44:47 GMT by fai
i received cashback from bank for personal spending. is it consider as taxable income? do i need to declare on my tax return?
Answer
HMRC Admin 21 Response
Posted Mon, 06 Jan 2025 11:16:51 GMT by HMRC Admin 21 Response
Hi, 
Please find guidance at:
SAIM8020 - Annual payments: meaning of annual payment.
Thank you.
 
Answer
Clive Smaldon
Posted Mon, 06 Jan 2025 11:51:12 GMT by Clive Smaldon
Not HMRC...it is NOT taxable income https://www.gov.uk/government/publications/statement-of-practice-4-1997/statement-of-practice-4-1997

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