Secret Banking Advice

[Bootser]

A friend of mine (67) has recently acquired around £20k in cash. Nothing dodgy.

 

Unfortunately he is in receipt of certain benefits which would no longer be payable if 'disclosed'. For example, Income Support & housing benefit. My inclination is to have him house the cash elsewhere - but that would probably incur tax etc.

 

Any ideas as to how he might store the dosh - apart from under the matress? He could give it to me & I'd put it in the best % earning account that I could find, but I'm pretty sure our tax-evading Forumites can come up with a more cunning plan.

[Gunga Din]

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[fyds]

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[Gunga Din]

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[fyds]

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[Bootser]

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