Beretta06 Posted February 23, 2013 Report Share Posted February 23, 2013 Well, it looks like a triple dip recession is around the corner. People tell me we all have our part to play and paying tax is a major part of an individuals' commitment. With this in mind, has the time come to outlaw cash in hand payments for people? It would solve two main problems: 1. People will have to pay their fair share of tax. 2. It will stop people undercutting genuine tradespeople, which damages the welfare of so many small businesses. So, what are your views? Please don't get bogged down with major businesses (Starbucks etc) paying taxes first - it is a separate issue!!! I feel that the whole cash in hand business is murdering our trades people and costing the country in revenue. Cheers Beretta 06 Quote Link to comment Share on other sites More sharing options...
Vince Green Posted February 23, 2013 Report Share Posted February 23, 2013 Cash in hand will never be stopped, its too widespread. Quote Link to comment Share on other sites More sharing options...
southdowns_stalking Posted February 23, 2013 Report Share Posted February 23, 2013 (edited) I think your missing some very important points. Cheques are slowly being phased out, how are people supposed to pay for things like a log delivery at home or a chimney sweep if they cant pay cash? A lot of the elderly only deal in cash, you cant expect them to go into town and make bank transfers or get their tablet out to make a online payment. Im sure some do but most i know most dont, and can't. Nothing wrong with dealing in cash, so long as its all declared. The major problem is the amount of foreigners in the country sending all their money back home..... Edit: How do you propose to stop this? Edited February 23, 2013 by southdowns_stalking Quote Link to comment Share on other sites More sharing options...
Vince Green Posted February 23, 2013 Report Share Posted February 23, 2013 (edited) I think your missing some very important points. Cheques are slowly being phased out, how are people supposed to pay for things like a log delivery at home or a chimney sweep if they cant pay cash? A lot of the elderly only deal in cash, you cant expect them to go into town and make bank transfers or get their tablet out to make a online payment. Im sure some do must i know most dont. Nothing wrong with dealing in cash, so long as its all declared. The major problem is the amount of foreigners in the country sending all their money back home..... Hand held chip and pin machines linked to your phone. The company will give you a free one https://sumup.co.uk/product/ but everyone wants cash Edited February 23, 2013 by Vince Green Quote Link to comment Share on other sites More sharing options...
Beretta06 Posted February 23, 2013 Author Report Share Posted February 23, 2013 I think your missing some very important points. Cheques are slowly being phased out, how are people supposed to pay for things like a log delivery at home or a chimney sweep if they cant pay cash? A lot of the elderly only deal in cash, you cant expect them to go into town and make bank transfers or get their tablet out to make a online payment. Im sure some do must i know most dont. Nothing wrong with dealing in cash, so long as its all declared. The major problem is the amount of foreigners in the country sending all their money back home..... I pay for my logs and sweep electronically - transfers are simple to do. As for the elderly, my mother is both old and mad but does all her banking and bills online. I guess I posted the wrong question, it should have been how do we make people declare their cash. And by cash in hand, I meant the 'back pocket, no receipt' type of payment. Quote Link to comment Share on other sites More sharing options...
leeds chimp Posted February 23, 2013 Report Share Posted February 23, 2013 Nothing wrong with a bit of cash in hand work every now and again as more money goes into other businesses Quote Link to comment Share on other sites More sharing options...
Vince Green Posted February 23, 2013 Report Share Posted February 23, 2013 I pay for my logs and sweep electronically - transfers are simple to do. As for the elderly, my mother is both old and mad but does all her banking and bills online. I guess I posted the wrong question, it should have been how do we make people declare their cash. And by cash in hand, I meant the 'back pocket, no receipt' type of payment. You can't, not while there are so many able bodied people living on benefits and working on the side Quote Link to comment Share on other sites More sharing options...
TIGHTCHOKE Posted February 23, 2013 Report Share Posted February 23, 2013 I don't think you will ever stop the cash in hand payments. Many people still regard cash as king and offer a cash payment in the hope of paying less by avoiding the tax element. Traders that do this only have to declare enough via their accountants so that HMRC accept their submissions and the whole thing carries on. Quote Link to comment Share on other sites More sharing options...
gixer1 Posted February 23, 2013 Report Share Posted February 23, 2013 I can just see the gamekeepers happy faces when you try and tip them with a visa or MasterCard or via paye! Quote Link to comment Share on other sites More sharing options...
Beretta06 Posted February 23, 2013 Author Report Share Posted February 23, 2013 With the new taxes for beaters etc, keepers won't get any tips unless they provide a receipt ;-) Quote Link to comment Share on other sites More sharing options...
sitsinhedges Posted February 23, 2013 Report Share Posted February 23, 2013 It's not worth working for 'cash' unless you want to waste the money in an untraceable way, down the bookies for example. Best to just declare what you earn, pay your dues, then spend the rest on whatever you like. Quote Link to comment Share on other sites More sharing options...
Cranfield Posted February 23, 2013 Report Share Posted February 23, 2013 I attempt to negotiate a discount for cash as much as I can for all purchases of goods, or services. Its not my responsibility (nor have I the means) to ensure that the recipient declares all, or part, of this payment for tax purposes. Quote Link to comment Share on other sites More sharing options...
sitsinhedges Posted February 23, 2013 Report Share Posted February 23, 2013 The worst thing for a business is cash, what do you do with it when your bank is several hundred miles away? Even cheques that people write out personally to me go straight in to the business account. It's just not worth doing other wise for the few quid it will save. Anyone who has been selected for a tax investigation would agree. Quote Link to comment Share on other sites More sharing options...
stokie Posted February 23, 2013 Report Share Posted February 23, 2013 Cash in hand is the only way for some to put a little extra on the table . Whether they declare it or not is up to them Quote Link to comment Share on other sites More sharing options...
alexl Posted February 23, 2013 Report Share Posted February 23, 2013 (edited) I cant see how it can be banned, surely the reason someone pays cash is the discount, and the person recieving doesnt want to declare to pay tax. By it very nature its is of the books so who 'knows' itas taking place, i dont know how you could stop it. Edited February 23, 2013 by alexl Quote Link to comment Share on other sites More sharing options...
tikka.223 Posted February 23, 2013 Report Share Posted February 23, 2013 Well, it looks like a triple dip recession is around the corner. People tell me we all have our part to play and paying tax is a major part of an individuals' commitment. With this in mind, has the time come to outlaw cash in hand payments for people? It would solve two main problems: 1. People will have to pay their fair share of tax. 2. It will stop people undercutting genuine tradespeople, which damages the welfare of so many small businesses. So, what are your views? Please don't get bogged down with major businesses (Starbucks etc) paying taxes first - it is a separate issue!!! I feel that the whole cash in hand business is murdering our trades people and costing the country in revenue. Cheers Beretta 06 Do genuine trades people not take cash in hand?? Quote Link to comment Share on other sites More sharing options...
Beretta06 Posted February 23, 2013 Author Report Share Posted February 23, 2013 T3, I am not sure. To be honest, I am happy to pay cash but only if I am provided with a proper receipt. Quote Link to comment Share on other sites More sharing options...
Vince Green Posted February 23, 2013 Report Share Posted February 23, 2013 (edited) What about all the Polish, Lithuanians, Latvians who come here for a month on Easy Jet. Work on the buildings etc and LEGALLY don't have to pay tax on their earnings? And before anyone asks why its European Law, they (as temporary workers) can opt to pay tax in the country where the money is earned OR their country of domicile. So of course they opt to declare every penny once they get home. The only way to do it is to gradually phase out cash and thats actually not as daft as is first appears. It has been predicted for some time now. An added bonus would be you would destroy the Welsh and Scottish economy overnight. And the ****** Hmmm, maybe I'm warming to the idea. Edited February 23, 2013 by Vince Green Quote Link to comment Share on other sites More sharing options...
AVB Posted February 23, 2013 Report Share Posted February 23, 2013 (edited) The problem is that the less people that pay tax means that tax needs to go up to cover the operating costs of the country. Therefore those that pay tax pay more and hence try to avoid/evade paying it. It's a circle. People will use various excuses as to why they will avoid or evade paying tax - "There are other bigger problems that need to be solved first to reduce the deficit", "because everybody does", "because they need to", "because MP's are lying thieves", "because bankers get bonuses", "why should I when Starbucks doesn't", "we need to stop benefit scroungers first", "we need get out of EU" etc. etc. You see all of these arguments on PW alone day in/day out. Nothing will change to remove all of these excuses. These excuses will remain and therefore the behaviour will stay the same. So we either do what we can to reduce the opportunity for people to evade tax (such as removing untraceable payments such as cash) or we continue as we are and let the country implode. Edited February 23, 2013 by AVB Quote Link to comment Share on other sites More sharing options...
bobt Posted February 23, 2013 Report Share Posted February 23, 2013 I called the plumber out, he came yesterday morning, fixed/replaced the shower unit and immersion heater and a leaky outside tap, I supplied all the bits, do you mean he wont declare tax on the £20 I paid him? he wanted £12. when the MPs stop fiddling the rest of the country may stop. Quote Link to comment Share on other sites More sharing options...
Beretta06 Posted February 23, 2013 Author Report Share Posted February 23, 2013 (edited) Completely agree. Lead by example. Agreeing with AVB, not necessarily with bobt. Be accountable and stop finding excuses why you shouldn't. Edited February 23, 2013 by Beretta06 Quote Link to comment Share on other sites More sharing options...
gixer1 Posted February 23, 2013 Report Share Posted February 23, 2013 What about all the Polish, Lithuanians, Latvians who come here for a month on Easy Jet. Work on the buildings etc and LEGALLY don't have to pay tax on their earnings? And before anyone asks why its European Law, they (as temporary workers) can opt to pay tax in the country where the money is earned OR their country of domicile. So of course they opt to declare every penny once they get home. The only way to do it is to gradually phase out cash and thats actually not as daft as is first appears. It has been predicted for some time now. An added bonus would be you would destroy the Welsh and Scottish economy overnight. And the ****** Hmmm, maybe I'm warming to the idea. Who cares about the Eastern Europeans doing it cheaper - as long as they keep the job cheap and put the workers down south out of work. Quote Link to comment Share on other sites More sharing options...
hillmouse Posted February 23, 2013 Report Share Posted February 23, 2013 So you go out to work all week and pay tax on your income. You go shopping and pay tax on your purchases. You fuel the car and pay 85% of it in tax. You get your Road Fund Licence demand. You go to the pub for a drink to help you forget the amount of tax you have been screwed out of and have to pay tax on your pint. Then you do a job and someone says "I'll give you £50 for cash" and you want us to pay tax on that as well??? The swear filter prevents a thorough response. Quote Link to comment Share on other sites More sharing options...
houlsby Posted February 23, 2013 Report Share Posted February 23, 2013 It's all a smoke screen for the government. Our government is as corrupt as the Africans. They just do it behind closed doors and tell us a load of excuses and things to point the finger at. Time to get out this ****hole is now! Quote Link to comment Share on other sites More sharing options...
philscreens Posted February 23, 2013 Report Share Posted February 23, 2013 Cant see a problem if a tax paying self employed or small business gets the odd cash job The money will usually end up back in the business /economy anyway, keeping others in work Quote Link to comment Share on other sites More sharing options...
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