Page 2 of 2 FirstFirst 12
Results 11 to 20 of 20

Thread: Declaring PayPal accounts to the DWP

  1. #11
    Senior Member
    Join Date
    Apr 2016
    Posts
    668
    Quote Originally Posted by Archersmate View Post
    What about PayPal users who only use their account to pay for stuff bought online? We're not using the account to pay spare money into (Big joke)

    And as far as the PTB are concerned if your on benefits your not entitled to privacy!
    That's all i use it for, and who are the PTB? Privacy is a human right

  2. #12
    Senior Member nukecad's Avatar
    Join Date
    Jun 2014
    Location
    West Cumbria (Lake District)
    Posts
    8,425
    Like I said above,

    The DWP have, sort of, not been bothering about paypal accounts.

    But HMRC have realised that some businesses have not been declaring money stored in paypal accounts and are cracking down on them.

    Expect the DWP to follow suit and start looking at what you are using your paypal account for.

    If like most people its just small stuff, or just a way of paying for things you buy online, then there should be no problem.

    But if you have a couple of thousand in there they are going to start looking very closely.
    If you are using it every week then they are going to start looking to see if you could be running a business.

    If you are just buying stuff on line then that will be fine. If you are buying stuff and selling it again then its a business.
    Last edited by nukecad; 30-11-16 at 18:10.
    I don't know everything. - But I'm good at searching for, and finding, stuff.

    Migration from ESA to Universal Credit- Click here for information.

  3. #13
    Senior Member deebee's Avatar
    Join Date
    Mar 2013
    Location
    croydon
    Posts
    1,597
    My PayPal does not involve deposit and withdrawal,I simply use it if when purchasing on line it is the only way
    If there is an option to simply pay with my card,then I do,and I don't declare that

  4. #14
    Senior Member deebee's Avatar
    Join Date
    Mar 2013
    Location
    croydon
    Posts
    1,597
    Ah,no worries then....

  5. #15
    Senior Member
    Join Date
    Nov 2015
    Location
    Greater London
    Posts
    318
    Quote Originally Posted by tom34 View Post
    That's all i use it for, and who are the PTB? Privacy is a human right
    The Powers That Be. Government/HMRC/The Tax payers alliance/Jobcentre plus and DWP, and others.

    Look at the poxy forms we fiill in, DWP forms are now being opened by any old Tom, Dick or Harriet who work for the post office in Wolverhampton, who open and scan them, these forms include a lot of information that scalliwags use. DOB, NI number, bank details, and address. When BoJo introduced Oystercards in London I had to fill in a form to get one, I asked the question did we give our name and address to bus drivers every time we got on a bus? Course not! But this was included on this form along with other information.

    So if your on benefits, or on a low income, bye bye privacy, bye bye!

  6. #16
    Senior Member
    Join Date
    Mar 2012
    Posts
    354
    Ive had a paypal account for years, theres nowt in it (never has been) I only opened to put my winnings in from entering on line comps (they require it to pay if you win) and never won anything ever.

  7. #17
    Senior Member gus607's Avatar
    Join Date
    Jul 2016
    Posts
    589
    An interesting post. I never thought about a PayPal account being declarable to the DWP. I can't see a problem UNLESS there is something to hide.
    Call me Mike.

  8. #18
    Senior Member
    Join Date
    Nov 2018
    Posts
    344
    I think if the account is empty no need to declare it. But if it has money in it, then it should be declared. Thats how i have always seen it.

  9. #19
    Senior Member
    Join Date
    Jan 2017
    Posts
    205
    I have a paypal account that I use every couple of months or so to sell my personal items when I don’t have enough money to survive on. When I receive my payment it’s always transferred into my bank account with only a couple of pence left in my paypal account . So if they checked my paypal they could see that what I sell and for how much and who has purchased it ( upto £100) as it’s all there from the buyer. As far as I see it as long as you’re not holding a lot of money in there then don’t worry. I’m sure at some point it will be questioned and that’s fine. So long as everything is legit and you can justify it then don’t worry. You can’t be held to account if you have done nothing wrong.

  10. #20
    Senior Member TimeLord's Avatar
    Join Date
    Aug 2018
    Posts
    196
    I declared mine on the IB3 form and only had a credit card linked on it, they wasn't interested in that and when I spoke to them, they said' HMRC was only interested if you sold internationally for profit and went over £1000. Pounds that you would have to fill out a self assessment form. But basically they're not interested in credit cards because you don't own the credit.

Similar Threads

  1. PIP implementation problems - report of the Commons Public Accounts Committee
    By Flymo in forum Benefits - help & advice on disability benefits, incapacity benefits, ESA and DLA
    Replies: 3
    Last Post: 22-06-14, 20:53
  2. ATOS and Capita bosses questioned by the Commons Public Accounts Committee
    By Flymo in forum Benefits - help & advice on disability benefits, incapacity benefits, ESA and DLA
    Replies: 3
    Last Post: 29-01-14, 12:43
  3. public accounts committee, ATOS medical services.
    By art446 in forum Benefits - help & advice on disability benefits, incapacity benefits, ESA and DLA
    Replies: 2
    Last Post: 29-03-13, 10:06

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •