So how do you put money in the bank.

[Internaut]

[blu-by-u]

Re: So how do you put money in the bank.

Think you got to put in little by little and use CASH in your purchased plus get your mom a credit card.

[Jax]

Re: So how do you put money in the bank.

With the use of such endearing terms, I would recommend the "Deaf Git" and "The Mad One" to spend every single penny and make a will leaving the house, car and everything else to a Pets Charity !

Jax

[MJ224]

Re: So how do you put money in the bank.

You don't have anything to hide, just deposit the cash and tell the truth...……..

Simples!

Edit::::::::;; Would the money be treated as income, thus liable to tax???

[Internaut]

Re: So how do you put money in the bank.

[Internaut]

Re: So how do you put money in the bank.

With the use of such endearing terms, I would recommend the "Deaf Git" and "The Mad One" to spend every single penny and make a will leaving the house, car and everything else to a Pets Charity !

Jax

[Jim Ford]

Re: So how do you put money in the bank.

I was told of a money 'laundering' technique some years ago, and post it for interest. I've no idea if it works:

You visit a casino with the money and buy a load of chips. You then have a drink and 'swan' around for a bit and then go to the cashier and cash in the chips - getting a receipt. You then pay the money into the bank, and if there are any enquiries you can say that you won it gambling and produce the receipt!

Jim

[Graham_of_Rainham]

[skids]

Re: So how do you put money in the bank.

Edit::::::::;; Would the money be treated as income, thus liable to tax???

Over at AccountingWeb there was a thread on whether a contribution from a family member towards household costs is income (and would fall within the Rent a Room scheme rules) and the answer was it's not treated as income. https://www.accountingweb.co.uk/any-...from-adult-son

[Naughty Nigel]

[Beagletorque]

[pdk42]

Re: So how do you put money in the bank.

Crazy situation really. I'm guessing none of us have the sort of cash that would make any tangible difference to Her Majesty's Government's income. The sort of people who have that sort of cash have all the professional advice and tricks up their sleeve to avoid paying the vast majority of what they should. Crazy world!

[Naughty Nigel]

Re: So how do you put money in the bank.

It is Paul, all motivated by greed.

Those who have the most are some of the worst offenders.

I particularly resent the cynical greed of big corporates (mainly American) who not only avoid paying their taxes, but set up systems with the sole intention of fleecing ordinary punters who have no other choice.

PayPal's foreign currency conversion is a good example. PayPal offers a derisory exchange rate for foreign currency, but when I tried to spend some Euros today from my PayPal account they locked it "for security reasons".

Apparently I was supposed to change it to Sterling first and then let them change it back to Euros again. As you can imagine, a few hundred Euros would quickly become worthless using that trick.

Meanwhile they have my money in their bank which I cannot touch until they unlock it.

[Darkroom]

Re: So how do you put money in the bank.

Even if you have cash and willing to pay it into the bank, the real trick now is finding a branch that hasn't been closed down. I've been an RBS customer since I was 19 but they've closed the majority of branches round here, so it means a 20 minute drive to pay in.

We are seriously considering closing all our savings and current accounts and using the Post Office, that is until they also close their branches. Maybe the "Cashless Society" isn't as far off as some think.


Darkroom

[Naughty Nigel]

Re: So how do you put money in the bank.

Maybe the "Cashless Society" isn't as far off as some think.


Darkroom

I saw an item on the television news recently about pubs that had gone cashless for security reasons. Contactless payment is so quick and easy.

But yet again, the credit card companies fleece small businesses for card machines, and typically charge around 2.7% commission for credit card sales. There is no commission on debit card sales but there is often a transaction fee.

Does anyone use cheques any more? I cannot remember the last time I wrote out a cheque, although we received our Council Tax bill yesterday, and I see they still accept cheques. I might just try that as it would probably take our Council at least six weeks to pay the cheques in.