03-02-2013, 14:41
The tax man can just look into your bank account if he wants. He can also check your credit rating, see where you're registered as living, see if you've applied for any benefits, and also look at the incomings and outgoings of your account.
By law your bank is also duty bound to report any suspicious activity to HMRC in terms of large sums of money coming in and out... Any time you earn interest, it also gets reported to HMRC.
Oh, and don't forget friends/foes... People can be green eyed monsters. (I know from personal experience.) They might just decide to report you if they *think* you're not playing ball legally.
Just a few thoughts, I used to work as a civil servant.
By law your bank is also duty bound to report any suspicious activity to HMRC in terms of large sums of money coming in and out... Any time you earn interest, it also gets reported to HMRC.
Oh, and don't forget friends/foes... People can be green eyed monsters. (I know from personal experience.) They might just decide to report you if they *think* you're not playing ball legally.
Just a few thoughts, I used to work as a civil servant.