How much savings are you allowed before you have to tell the Tax Credits lot?

[ssd]

Hate dealing with them, so would rather not. Currently have mums savings in my account so look loaded (well for me!!).

how much savings are we allowed then?

I don't think savings are taken in to account

only the interest on them

does not matter for tax credit but does for housing / council tax

you can have up to £300 interest ( I think) before it gets taken into account.

would it make a difference if I put the money in ds's name? would I need to declare his interest if it went to him?

I don't think you can gift more than £1000 per annum to your child, maybe less

do you get council tax benefit

if it's just tax credits you should be ok

we just get tax credits

it doesn't make any difference then they are based on income (including income from savings)

Although you might be better off putting the savings in ds' name as he would earn interest tax-free.

£16000? That sounds familiar.
Think they would be able to check if it was in Kids names(not sure whether they actually would IYSWIM)

When I was on council tax benefit they even queried my kids premium bonds