hi, hope smeone can help explain something to me.
i heard that revenue is making banks and building socities give over the details of poeple who have earned more than 600 (cant remember the exact figure) on deposit interest in the previous years. i believe this is to be done in march.
i have always been a saver and paid DIRT through my savings accounts, but as my savings have inceased they are now making more than 600 a year in interest.
what will the repercussions be of this?
will revenue come looking for more money on top of the DIRT i pay?
and if so, how much?
will there be fines?
just want to know how big deal this is really. thanks in advance
i heard that revenue is making banks and building socities give over the details of poeple who have earned more than 600 (cant remember the exact figure) on deposit interest in the previous years. i believe this is to be done in march.
i have always been a saver and paid DIRT through my savings accounts, but as my savings have inceased they are now making more than 600 a year in interest.
what will the repercussions be of this?
will revenue come looking for more money on top of the DIRT i pay?
and if so, how much?
will there be fines?
just want to know how big deal this is really. thanks in advance