Page 2 of 2

Re: Max amount per ETF (simplicity vs risk)

Posted: February 3rd, 2024, 4:27 pm
by SebsCat
gpadsa wrote:
GeoffF100 wrote:benefiting from transfer cashback.

DAK what is the taxation treatment of transfer cashback? E.g., current HL offer for transferring an account. https://www.hl.co.uk/features/cashback. I couldn't find anything on HL or HMRC websites

gpadsa

It's not classed as income so is not taxable. However, if you get a fee for introducing someone to a company then that is taxable. See https://www.gov.uk/hmrc-internal-manual ... /bim100210