Crazychick
Registered User
- Messages
- 51
I have a bank account in Newry. I use it for withdrawing sterling from the ATM when I go up there for shopping and when I visit the UK. It's a deposit account, not a savings account, I don't make any interest on the money lodged. My mother insists I need to "declare it" as I may be liable for tax. I've told her I don't need pay tax on it because I'm not making any money on it. Can anyone tell me who is correct ? Thanks.