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Hi there, the kind of payments I described in my original post do not fit the definition of "annual payment". See example 3 of https://www.gov.uk/hmrc-internal-manuals/savings-and-investment-manual/saim8050 . As each payment represents a one-off rebate. Any future cashback received will be dependent on my friends and family making more purchases with my Cashback link, thus no further cashback will be received if there are no transactions made by them. They are therefore not annual.
Please can you re-assess my original question?
Can someone from HMRC please answer this, I urgently need clarification on this matter and no one is picking up the phone at HMRC.
Hi, HMRC has provided clarification, stating that Cashback is NOT taxable and should not be entered onto a Self Assessment form. See here: https://community.hmrc.gov.uk/customerforums/sa/6caf4980-84e5-eb11-ba5e-00155d9c7f52
However, what if someone else buys a product using my cashback account, generating extra cashback for myself?
For instance, on Topcashback.com you have the option of Creating a link to a retailer which you can then send to friends, family, or display on your own website or forums. Any cashback earned through it will track to your account.