Cryptocurrency Q&A Will my company find out about the tax on points?

Will my company find out about the tax on points?

SsangyongSpiritedStrengthCourageBravery SsangyongSpiritedStrengthCourageBravery Sun Dec 08 2024 | 7 answers 952
I'm worried that my company might discover the tax implications of the reward points I've earned. Could my employer possibly find out about the taxes on these points? Will my company find out about the tax on points?

7 answers

Chiara Chiara Tue Dec 10 2024
Engaging in point activities as a side job could potentially lead to your company discovering this fact.

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DigitalDynastyGuard DigitalDynastyGuard Tue Dec 10 2024
The reason behind this is the tax filing process. When you opt for special collection during tax return filing, your company is likely to be informed.

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Sara Sara Tue Dec 10 2024
Special collection is a method of tax payment that involves the deduction of taxes by your employer on your side income.

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WhisperInfinity WhisperInfinity Mon Dec 09 2024
This deduction is then reported to the tax authorities, and your company is notified in the process.

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Maria Maria Mon Dec 09 2024
If you wish to keep your side job confidential from your company, you have an alternative option.

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