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benefits and tax on intrest

[FONT=&quot]When a bank/building society pays the tax an any interest paid is it all lumped together or can the taxman see who’s paying what. If someone was getting benefits and paying tax on any interest would the dole know?[/FONT]

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Yes. HMRC know everything. Even your sperm count.
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    No. They get annual returns for most of this stuff. Thus the 'omniscient' tax man knows exactly what we were earning in 1973 and so on...
    .....under construction.... COVID is a [discontinued] scam
  • This sounds like someone trying to defraud the government to me...
    Northern Ireland club member No 382 :j
  • bagsacash
    bagsacash Posts: 194 Forumite
    Its fraud fraud its fraud everyone - tell the police!:rotfl:
  • bagsacash wrote: »
    Its fraud fraud its fraud everyone - tell the police!:rotfl:
    I bet you wouldn't be laughing if you could see your hard-earned Income Tax deductions going direct to this man, if indeed he is thinking about defrauding the Benefits system.
    "The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens
  • evenasus
    evenasus Posts: 11,864 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    bagsacash wrote: »
    Its fraud fraud its fraud everyone - tell the police!:rotfl:


    I would if I knew who he/she was. Well, the correct authority.

    Sorry folks, I clicked the 'THANKS' button in error when I really meant to click 'QUOTE'
  • savetilibleed
    savetilibleed Posts: 1,363 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    evenasus wrote: »

    Sorry folks, I clicked the 'THANKS' button in error when I really meant to click 'QUOTE'
    When these forums were overhauled a few weeks ago, for a while in posts where there was "thanks" names, there was a link in the green rectangle at the right of that area that said something like "unthank". Did anyone notice? It would be useful to be able to do that if like you did, and clicked the "Thanks" button in error.
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