Santander £100 transfer incentive
In 2011 Santander offered £100 for transfers from accounts with other banks.
There were certain conditions to be met but generally it was offered to both Business and Private accounts.
It was described as a "Cash Back".
Any thoughts on how to treat this in a Sole-Trader situation???
There were no charges so surely not a discount.
It does not appear to be similar to the Halifax "Interest/bonus" scheme.
Is it an "Ex gratia" gift or Capital receipt to come into CGT.
I guess it all depends on how Santander have treated it in their accounts, but they have not responded.
Small beer but it's the principle !!
- Director selling assets to the company that were given to her 188 6
- Sole trader &/or Limited company 69 1
- Any Scottish members out there? 12,989 489
- Fees for Property Tax Return 570 20
- Capital Gains Tax on title transfer 343 14
- Can't read my handwriting 691 17
- How to prove to HMRC that you was not self employed? 431 14
- Direct Debit - no receipts 402 9
- Revaluation of investment proeprty 143 2
- Subsistence expenses for one man band contractor companies 222 5
- How good is OCRREX Auto Rec software? 454 10
- Sage Line50 Journal Entry Help! 259 16
- Partnership issues and acting for one partner 70 1
- Corp Tax Refund 210 3
- corp tax software 1,070 14
- How can customer service quality vary between the basic pension firms? 437 6
- PRR 479 15
- Working from home - time apportionment 319 3
- Recovering VAT on property purchase 221 2
- cross border vat 122 2
- Raiders of the Lost Tax File 1,375
- Chartered Accountant in County Down N.Ireland 521
- National Insurance 421
- Non Resident 322
- Hands on experience of Digita 245
- Best way to take money from a business if you have unlimited EIS allowances? 233
- CIS paid under reg 9 189
- Employer's Helpline 189
- Does anyone use PS Financials accounting software out there? 153
- Commercial rental property - still Schedule A? 152