Tax return and the bank

Tax return and the bank

Author
Discussion

Russwhitehouse

Original Poster:

962 posts

138 months

Sunday 16th October 2016
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For some reason, the bank have recently asked to see copies of my French and UK tax returns. In thirteen years of living here they've never asked before and they haven't explained why they want to see them. I've never had any bother with the tax people either here or in UK and would have thought that my tax affairs are between me and the tax authorities and none of the banks business given they are a PLC (HSBC) and not a government body. Has some new rule emerged without my knowledge or anyone experienced the same? Do they have a right to see my returns or are they trying to have a nosey with some ulterior motive? Thoughts anyone?

pfsv427sc01

84 posts

155 months

Sunday 16th October 2016
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It could be that they think you are a French resident. We have, recently, been getting a bit of bother with our UK Bank saying that without a steady income above a certain level, they will start charging more for the account or even close it down !

We then tried to find other bank accounts and as a "foreign" resident, our options are quite limited.

magooagain

10,806 posts

177 months

Sunday 16th October 2016
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HI Russ I have a savings account a LEP account, and each year I have to produce our French tax return ( we don't have a uk one) they stamp it and give it back. It might be because you are only allowed one of these accounts. Don't know if that helps. Gill