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Is cashback from debit or credit card taxable ?

Answer
Tom Siu
Posted Mon, 06 Jan 2025 16:31:17 GMT by Tom Siu
Hi there is cashback provided by debit or credit card ( e.g. for purchasing retail stuff for personal use), I am wondering if it needs to report to HMRC as part of income or not?
Answer
HMRC Admin 8 Response
Posted Tue, 21 Jan 2025 16:01:28 GMT by HMRC Admin 8 Response
Hi,
Please refer to guidance at SAIM8020 - Annual payments: meaning of annual payment.
Thankyou.
Answer
Clive Smaldon
Posted Tue, 21 Jan 2025 18:47:26 GMT by Clive Smaldon
Not HMRC...no it doesnt https://www.gov.uk/government/publications/statement-of-practice-4-1997/statement-of-practice-4-1997

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