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Cash deposit Problem or Not?

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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ursbunti
Newbie
Posts: 49
Joined: Thu Sep 10, 2009 12:30 am

Cash deposit Problem or Not?

Post by ursbunti » Sun Mar 21, 2010 1:39 pm

Will it be a problem if some one gets earnings in cash from salary and self-employment and depositing that cash into his personal bank account?
Senior (Ramesh, vks and all others) plz repond me
Thanx
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tvn_ramesh
Diamond Member
Posts: 3158
Joined: Fri Sep 21, 2007 7:52 pm
Location: Sussex

Post by tvn_ramesh » Mon Mar 22, 2010 11:48 am

It is not a problem as long as you deposited the cash amount exactly wat is mentioned in ur payslip as NET salary... so that it matches..
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blue.olive
Member
Posts: 146
Joined: Sat Apr 26, 2008 12:29 am

Re: Cash deposit Problem or Not?

Post by blue.olive » Tue Mar 23, 2010 10:44 am

As long as u can prove the source of funds and proof of earning ( Payslip in case of employment ) and invoices ( self employment ) its fine.
You need a certification from accountant regarding ur self employed income.
Good luck
Olive
ursbunti wrote:Will it be a problem if some one gets earnings in cash from salary and self-employment and depositing that cash into his personal bank account?
Senior (Ramesh, vks and all others) plz repond me
Thanx
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