Wham or Scam

Well here it is, a further earnings report on the surveys I have taken. This is an update to my previous earnings report. I haven’t made much more money since then because I have been very busy with holidays and other things. I was not because there was a lack of surveys though. Far from it, if anything it’s getting to the point where there is too many to complete. Read my previous post about some of the survey sites that I am using.

So the current earnings: £37.11 in total (although I swear that there are some companies I have missed). The question I need answering now is when do I have to pay income tax on these earnings? Do I have to wait until I actually receive the benefit of the money (i.e. when I redeem the points for cash) or do I pay the tax on them now, and risk having to pay again later. Any ideas anyone?

I also won $50.00 on one of the prize draw survey sites. At the moment it works out at £24.31, and because it’s a prize its tax free (I think). So that was a good surprise.

I am going to be writing very shortly about other paid programs that I have been participating in which I think are worth a mention. So keep calling back.