A $10,000 bank transaction triggers the government to automatically look into it. Learn what actually happens.

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Money saving expert founder Martin Lewis has spoken about how people can avoid paying out tax if they have more than £10,000 ...

Financial guru Martin Lewis has highlighted how individuals with substantial savings can avoid paying tax. The founder of ...

The Money Saving Expert, aged 52, has explained how that individuals earning between £12,500 and £50,000 annually could ...

This mmeans £10,000 in savings would incur the tax ... automatically alter your tax code for you to take into account the tax on savings that you should be paying." ...

then your personal savings allowance is £500 a year." He indicated that for those with a 40% tax rate, having £10,000 in a top easy access account would result in taxation. Lewis highlighted ...