How do you feel about giving national insurance number?

Kim_13

DullGreyGuy said:

Ubuntootoo001 said:

Hi, I recently saw the article about Trading 212 offer of £40 worth of shares. I downloaded the app but it’s asking for my national insurance number. My concern here is data breaches etc and more of my personal details getting into the wrong hands. 

What are your thoughts on this? 

Thanks

Your concerned someone is going to pay some extra tax for you?

If you want an ISA you are going to have to give your NINO 

I’m guessing the biggest concern with a NINO would be someone making fraudulent benefit claims with it and DWP then trying to recover the monies from OP when they realise that the claim shouldn’t have been paid. We of course hope that it has been made harder for fraudsters do so since these stories appeared in the papers.

35har1old

subjecttocontract said:

Every ISA application you ever make will require you NI number. It's completely normal.

Even savings accounts ask for it

masonic

Kim_13 said:

DullGreyGuy said:

Ubuntootoo001 said:

Hi, I recently saw the article about Trading 212 offer of £40 worth of shares. I downloaded the app but it’s asking for my national insurance number. My concern here is data breaches etc and more of my personal details getting into the wrong hands. 

What are your thoughts on this? 

Thanks

Your concerned someone is going to pay some extra tax for you?

If you want an ISA you are going to have to give your NINO 

I’m guessing the biggest concern with a NINO would be someone making fraudulent benefit claims with it and DWP then trying to recover the monies from OP when they realise that the claim shouldn’t have been paid. We of course hope that it has been made harder for fraudsters do so since these stories appeared in the papers.

If referring to something like this: https://www.gov.uk/government/news/fraudsters-behind-539-million-benefits-scam-brought-to-justice-in-countrys-largest-benefit-fraud-case

Then it looks like some checks already required of financial institutions would have avoided it, so let's hope they have now been put in place.