People like those described above need to know that every lending institution in the country; banks, building societies, any company that takes your money and invests it for you, all of them have to make a return to the Inland Revenue each year giving names and addresses of investors, their balances and how much interest they earned.
When I worked as benfits advisors I had several clients who had to repay benefits because they had not revealed all their savings and investments, the sums involved were quite small. The biggest repayment was just under £1,000 and all were inadvertant, clients were elderly, struggling mentally and often in pain, so all they had to do was repay the money, no sanctions of any kind, but some people have ended up with prison sentences of up to 5 years for cheating like this.
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