I'm considering doing online surveys from companies such as YouGov, that pay you for each survey you complete, but I would like to know more about how taxes work, so I've got a few questions.
- Are they classed as income? I assume they are.
- Do I need to register as self-employed? This is what is says on MoneySavingExpert.
- When are they classed as income? Most companies only seem to pay out when you earn a certain amount, but does it count as income when you get the money, or when you complete the survey?
- Do the answers change if I get nectar points, or vouchers, or other reward points, instead of cash? I assume they are treated as cash.