Online Surveys

If you spend time in front of the computer then you could make money taking part in online surveys

Great if you need an element of flexibility. Perfect way for a new mum to earn money

You could earn up to £50 for doing each one

As well as earning cash, you can win prizes

 

Need to know

  • NEVER pay to join an online survey site
  • Sign up to loads of sites, as many as you can, as you won’t always be the profile that they are looking for.  I.e they are not likely to ask a 21 year old about SAGA holidays
  • Set up a separate email address e.g. Outlook or Gmail. They're free and perfect for something like this. You WILL get bombarded with SPAM
  • Make sure you check your emails regularly. Sometimes they need someone really quickly and often their systems favour you for speedy response
  • Most don’t allow access to your earnings until you hit a threshold of about £10
  • To make it even more convenient most survey companies also have apps so you can complete them on your phone!
  • It can take up to an hour to do some surveys – usually the longer it takes, the greater the rewards
 

The tax bit

  • Regardless of the amount you think you’ll earn from these surveys, the first thing you should do is register with HMRC as self-employed. This will mean that you will have to start filling in a self-assessment tax return each year. This is not as official or scary as it might sound!
  • Registration is REALLY easy so don't be put off by this hurdle. 0300 200 3300 and someone will talk you through the process (it can take a while to get through!! but they are very helpful so worth the wait) or register online. Lines are open 8am-8pm Monday to Friday and 8am-4pm on Saturdays and you should have your National Insurance number handy
  • If you have no other income at all then you can earn up to £10,600 tax free. Make sure you keep a record of all of your earnings and all of your expenses. You can offset any expenses exclusively related to this work. For example, things like buying a scanner or printer are tax free. If in doubt call the number above. They are really helpful and will talk you through ANYTHING
  • You should also be aware of your National Insurance contributions. Earning anything over £5725, you’ll need to pay £2.70 a week and over £7755 you’ll pay 9% of your income (capped at £41,450). Registration is SO simple. You can set up your payments when you register for self-assessment or you can call the NI hotline on 0300 200 3505. Lines are open Monday to Friday 8.30am to 5pm
 

Online Surveys

Global Test Market


Why we like it:

  • US site that offers vouchers or paypal payment
  • could earn a massive £30 to £40 a time
  • normally earn the equivalent of £1 a survey

Watch out:

  • you earn by accruing points and need £10 before you can cash them in
  • surveys take 20 minutes
  • points expire after 3 years

i-Say


Why we like it:

  • Surveys pay 5-250 points
  • honest about survey length
  • pays in high street vouchers

Watch out:

  • Rewards in points not pounds

Valued Opinions


Why we like it:

  • earn points (equalling 50p to £5 per survey)
  • pays in vouchers for loads of popular stores like M&S, Amazon and Tesco
  • always tells you upfront how much you will earn and how long it will take
  • pays out every £8.50 you make

Watch out:

  • vouchers take 28 days to arrive after you redeem your points
  • some surveys ask you questions and then say you are unsuitable and do not pay any points
  • does not pay cash

Paid Surveys


Why we like it:

  • surveys pay between 50p to £50
  • complete 1 registration and it allows you access to more survey sites and opportunities to participate

Watch out:

  • dealing with 3rd party sites so no guarantee what the threshold for withdrawing payment is or the method of payment (cash and vouchers)

Opinium


Why we like it:

  • 30 Second sign up
  • earn your first 50p in under 10minutes with a personal survey
  • promise to keep their Surveys short

Watch out:

  • surveys not instantly available
  • only longer surveys worth more than 50p and some short surveys pay less
  • pays out when you reach £25- that's 50 Surveys!

The inside track

  • Paid surveys can take anywhere from 10 minutes to an hour to complete. When you receive the email it will tell you roughly how long the survey will take and give you a link to a new window where the survey will begin
  • You can sign up to as many online survey companies as you like. In fact the more you sign up to, the more money you will make and as you may not qualify for every survey it means you have more opportunities
  • Focus groups are another option, you can sign up to a paid market research company like Saros, then if you get selected and attend a workshop you could get paid over £100 an hour for you time
 
 

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