Do you do jobs for cash, and then not declare it with the taxman? (voters in the poll are private!!!)

[Dan]

Do you do jobs for cash, and then not declare it with the taxman? (voters in the poll are private!!!)

Just wondering, as it's 2019, whether there are still guys doing jobs for cash.

As a web business, all my business is paid by BACS in full up front before anything goes ahead. Or Google, who pays me 2 months after I've earned it. On a rolling basis. So it is monthly kinda thing. So there's no dodging tax for me with it. And it has caught me out in the past. Ended up with a bill too big and went bump. Folded that company a while ago.

Wondering if this day in age, when so many invoicing systems are setup direct with accounts systems, that can be accessed by various departments of governments. Whether it's a case of never giving a price in writing via a system, and taking cash, or just all honest days work and paying tax all the way.

Now you don't need to reply to the thread. Just vote. And nobody will ever see who voted.

I'm just curious.

I'll do this on all my forums and see what the % is each year near Xmas. Perhaps check annually what's changing.

(Note that if anybody from the tax office ever asked for the data, we don't record who visits a thread, or who has voted. It just adds a digit to a database like an excel file, and doesn't have a name column in it. So they'd just get lots of 1's in lots of boxes and nothing else)

 

[buzzlightyear]

cash is king but the money goes to the counting house the queen. ,lol. has long I can have to buy a bag of smarties .

 

[FatAlan]

It’s Friday night Dan. I’ve been converting my hard earned cash into beer!

 

[buzzlightyear]

It’s Friday night Dan. I’ve been converting my hard earned tokens into beer and a curry .

lol. billion years .

 

[Strima]

Any form of payment, even a couple of cans of beer, must be declared to HMRC. Which I do everytime...

 

[buzzlightyear]

I have a neighbour when I did any jobs for him he would give me a bottle expensive wine and cash.

 

[Leesparkykent]

IMO anyone who thinks cash is king nowadays is mental. If you’re trying to build a business and get mortgages etc then it’s a pita. Don’t get me wrong it’s nice to have a bit on the hip. I know someone who tried paying for a holiday in the travel agents with 3k cash and they wouldn’t take it. I also tried paying £100 into someone’s nationwide account and they wouldn’t let me as it wasn’t my account....

 

[buzzlightyear]

yeah ,when a customer say cash ok or cheques ,what do you think it all bankable .and skimming off the top .

 

[supremetwo]

Through the 1950s and 60s, the top tax rate was around 90% and job bartering was common, e.g. I'll fix your electrics if you service my car.

 

[Deleted account]

Absolutely no need to do cash jobs. If you know what your doing on you tax return.

There are so many legal ways that you can use to bring your tax bill down that there is no point in risking breaking the law.

As an extra it is morally and legally wrong to do this.

The country as a whole needs taxation to run services.

All you cash in hand job peeps think about the next time you complain about hospital waiting lists or it takes 2 days for a police officer to arrive.

 

[Dustydazzler]

In the old days people liked cash because it meant not having to take multiple trips to the bank to deposit cheques.
Also builders would sometimes do ‘some cash’ for customers to negate some of the vodka and tonic on big jobs.
That said I still know some one man bands not just sparks but gardeners and painters who will only accept cash, can’t think why.....

 

[Zerax]

Absolutely no need to do cash jobs. If you know what your doing on you tax return.

There are so many legal ways that you can use to bring your tax bill down that there is no point in risking breaking the law.

As an extra it is morally and legally wrong to do this.

The country as a whole needs taxation to run services.

All you cash in hand job peeps think about the next time you complain about hospital waiting lists or it takes 2 days for a police officer to arrive.

Hang on there Pete... All taxes are vile and disgusting ! but I agree we do need them to run essential services for the country. And yes, tax evasion is illegal, but avoidance is just shrewd... after all, it was the monks who invented it !

As to the issue of hospital waiting lists though... that has very little to do with money... it's far more to do with chaotic mismanagement and institutionalised employees.

And the none arrival of a Police Officer is mainly due to their new role to 'maintain the safety of the general public'. Their traditional role of 'upholding the law' went about 20 years ago !

 

[Dan]

(Note this is a public thread! - Regardless of the private votes lol!)

It only takes a customer to get snotty with you in a months time because they didn't agree with you when you say they broke something that they're claiming you broke, for them to report it.

I think you're treading on thin ice moving cash around.

May as well deal drugs in the eyes of the taxman lol Police don't mind it. I've known police pay jobs in cash.

 

[buzzlightyear]

any way my hands are clean when I'm dipping in to other people pockets, lol.

 

[Dan]

Hang on there Pete... All taxes are vile and disgusting ! but I agree we do need them to run essential services for the country. And yes, tax evasion is illegal, but avoidance is just shrewd... after all, it was the monks who invented it !

As to the issue of hospital waiting lists though... that has very little to do with money... it's far more to do with chaotic mismanagement and institutionalised employees.

And the none arrival of a Police Officer is mainly due to their new role to 'maintain the safety of the general public'. Their traditional role of 'upholding the law' went about 20 years ago !

Be careful with your wording.
If you're drinking too, be extra careful for me.

Keep the thread civil please.

 

[Zerax]

In the old days people liked cash because it meant not having to take multiple trips to the bank to deposit cheques.
Also builders would sometimes do ‘some cash’ for customers to negate some of the vodka and tonic on big jobs.
That said I still know some one man bands not just sparks but gardeners and painters who will only accept cash, can’t think why.....

I think it's still the way in Greece to have half/half arrangement on most things... so if you're buying a house for say €300k... you pay €150k in cash and the 'official' price is only €150k

 

[buzzlightyear]

any body rang john major about cash for questions yet .

 

[Leesparkykent]

buzzlightyear stop quoting posts and then changing them as it just drags the thread down and confuses things when people are scrolling through....plus it’s Gettin on my nerves keep editing or deleting them.

 

[Dan]

I think it's still the way in Greece to have half/half arrangement on most things... so if you're buying a house for say €300k... you pay €150k in cash and the 'official' price is only €150k

Italy did that under their last dodgy bloke known for his girls and parties.

ALL invoices now have to be sent to the tax man, they send it to the customer, the customer pays the tax man, the tax man gives you your share.

So it wont work forever.

 

[Zerax]

Italy did that under their last dodgy bloke known for his girls and parties.

ALL invoices now have to be sent to the tax man, they send it to the customer, the customer pays the tax man, the tax man gives you your share.

So it wont work forever.

But the tax man will only ever see the €150k figure... the other half is cash and never declared etc..

 

[buzzlightyear]

Spain ,Greece Italy are the worst country's in the world for tax avoidance ,never mind the backwards country's.

 

[telectrix]

i get cash for a job. buy beer... 60% tax: buy smokes... 85% tax: buy diesel .... 80% tax...then VAT on top of the tax. there's nothing left.

 

[Dan]

But the tax man will only ever see the €150k figure... the other half is cash and never declared etc..

I don't know a single person with 150k in cash

It's drawn out of a bank surely.

It comes back around doing that because checkout their bailouts they've had. It'll cost them when they can't draw cash out or put it in anywhere without a passport.

Got to spend it in fivers at the shops then and fuel will be more paid in tax than it was worth ?

 

[Zerax]

I don't know a single person with 150k in cash

It's drawn out of a bank surely.

It comes back around doing that because checkout their bailouts they've had. It'll cost them when they can't draw cash out or put it in anywhere without a passport.

Got to spend it in fivers at the shops then and fuel will be more paid in tax than it was worth ?

Yeah... but this is Greece... it's a different way of life. I heard that someone had a safe/secure box/whatever underneath his swimming pool ! He worked out it was about the last place anyone would look !

 

[Dan]

Yeah... but this is Greece... it's a different way of life. I heard that someone had a safe/secure box/whatever underneath his swimming pool ! He worked out it was about the last place anyone would look !

Wow that's one way to stash it.

Worth sticking it into some currency or property though. It would increase in value then and not decrease.

If I hide 100 now. In 10 years I can buy less with it.

Doesn't make sense to me.

Large sums of money is how money is made easily. I can see why a small business can fiddle books and pay in cash at suppliers for stock etc.

But big bucks, sod that. That'd go straight into Forex for me and alternate it over the opening times of currency that happen a few times a day.

 

[2391bob]

It’s Friday night Dan. I’ve been converting my hard earned cash into beer!

I must be the AntiChrist......I turn all my beer into water !!!

 

[Strima]

Tax avoidance and dodging is bollox. If I threw a brick at your head would you dodge it or avoid it?

As for cash jobs, ok the tax man/woman/frying pan don’t get their cut but at least the vast majority spend that cash with local businesses who do pay tax unlike Amazon etc.

 

[Dan]

Not sure what the brick reference is all about lol.

The companies who dodge and avoid tax simply opt for the lowest outgoings. Amazon apple and Google all making well more than a lot of countries while GDP.

So they use their low taxes for their businesses. They're bigger than countries now. Countries need to be stronger on them but then the tax payer ends up going elsewhere for their stuff too then.

I guess.

I don't agree with it. It should be paid in the country the product is bought. End of. Not related to where the business operates. IMO.

I'm hoping the yes vote in our poll really is occasionally.

Else your statement above is untrue mate. Lol

 

[Zerax]

Not sure what the brick reference is all about lol.

The companies who dodge and avoid tax simply opt for the lowest outgoings. Amazon apple and Google all making well more than a lot of countries while GDP.

So they use their low taxes for their businesses. They're bigger than countries now. Countries need to be stronger on them but then the tax payer ends up going elsewhere for their stuff too then.

I guess.

I don't agree with it. It should be paid in the country the product is bought. End of. Not related to where the business operates. IMO.

I'm hoping the yes vote in our poll really is occasionally.

Else your statement above is untrue mate. Lol

The problem though Dan... is that it's tax on profits... and who's to say which country you made the profit in ? You can easily determine the value of Sales, but profit is a tricky one. The trick often used is to charge a 'management charge' from one entity to another... thus moving profit. The only real solution is to have a global arrangement that says that whatever profit you make, it will be 'deemed' to have been made in the country where the sales were... But Ireland would never agree to that ! Neither would Luxembourg !

 

[Deleted account]

Hang on there Pete... All taxes are vile and disgusting ! but I agree we do need them to run essential services for the country. And yes, tax evasion is illegal, but avoidance is just shrewd... after all, it was the monks who invented it !

As to the issue of hospital waiting lists though... that has very little to do with money... it's far more to do with chaotic mismanagement and institutionalised employees.

And the none arrival of a Police Officer is mainly due to their new role to 'maintain the safety of the general public'. Their traditional role of 'upholding the law' went about 20 years ago !

Absolutely agree money( our money ) is waisted by government, but I feel it is a poor argument to justify not paying your due taxes.

Governments from all sides will always waste money on weird schemes and mismanaging. It’s a fact and will never change.

The problem is they don’t believe it is wasted because they are spending it on what we the people want. Not the majority of people, but the loud minority.

I know my argument will be unpopular as no one likes giving money to the taxman, but it is needed even if some of it is wasted due to what we the people want.