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Are Everyday Rewards payments subject to tax?

If you have chosen to receive your Everyday Rewards as a cash payment to your nominated account, the monthly Account Rewards payment is made to you after the deduction of income tax.  The gross amount is £5, therefore the amount paid to you after the deduction of £1 of basic rate income tax is £4.

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  • What is Everyday Rewards?

    Everyday Rewards is a scheme that you can opt into which rewards you for your Everyday Banking Behaviours.
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  • Am I eligible for Everyday Rewards?

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