Donate SIGN UP

Mystery Shopping Tax

Avatar Image
sasha011 | 16:12 Thu 13th Sep 2012 | Jobs & Education
3 Answers
Hi,

I am thinking about becoming a mystery shopper but have seen you need to declare to the tax office.

I already have a full-time job so will just be doing this in spare time so do i still need to register with them when I already pay tax and NI?

Also If I am reimbursed for example £35 for a meal and I spend £35 on the meal then is this taxable as I have not earnt anything
Gravatar

Answers

1 to 3 of 3rss feed

Best Answer

No best answer has yet been selected by sasha011. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
I think you have to declare the income and prove the expenditure. You can do two jobs but must pay tax on all your income. If you cant prove the expenditure then the HMRC will treat it as earned income and tax it accordingly
Yes- and assuming your main job pays more than the personal allowance (around £8000pa) you need to pay tax at 20% on all your earnings. I'm not sure about NI though- I think that may apply separately to each job so you may fall under the threshold for NI on mystery shopping earnings.
Yes, they will just send you a self assessment form. You fill in the PAYE section with the info from your P60 and provide them with the info for any extra work. Keep ALL receipts.

1 to 3 of 3rss feed

Do you know the answer?

Mystery Shopping Tax

Answer Question >>