*Bob* Posted October 28, 2014 Share Posted October 28, 2014 Ahem.. I think what Jeremy means is that he decided to pay in cash - what happened with it or was meant to happen with it after that wasn't his responsibility. Paying cash is not illegal! Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794044 Share on other sites More sharing options...
Seabag Posted October 28, 2014 Share Posted October 28, 2014 Take the discounted 'cash' rate and crack onI love laundering my cash in this way*wonders if thinking outloud* Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794049 Share on other sites More sharing options...
MrBen Posted October 28, 2014 Share Posted October 28, 2014 Actually HMRC have long since been wise to the cash economy around builders in particular. There is now a specific onus on the customer to ensure they take precautions to ensure they are not participating in joint fraud.That's the boring bit....far more fun is walking out of a branch on Lordship Lane with 25k in your jeans and hoping you won't get rolled. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794052 Share on other sites More sharing options...
Mick Mac Posted October 28, 2014 Author Share Posted October 28, 2014 Where is that stated Mr Ben? No, I can't be bothered googling. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794060 Share on other sites More sharing options...
Robert Poste's Child Posted October 28, 2014 Share Posted October 28, 2014 Might it also be due to the tradesman's bank? If he's on a package that charges per transaction perhaps it's easier to get cash occasionally. At retail level you often pay less for cash or debit cards than credit cards. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794066 Share on other sites More sharing options...
*Bob* Posted October 28, 2014 Share Posted October 28, 2014 True, RPC, true. He might also perhaps be allergic to the ink used in cheque books or - for ideological reasons - feel a desire to wrest control from established financial institutions and strike a blow for the people. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794067 Share on other sites More sharing options...
Robert Poste's Child Posted October 28, 2014 Share Posted October 28, 2014 Just saying. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794070 Share on other sites More sharing options...
Mick Mac Posted October 28, 2014 Author Share Posted October 28, 2014 Well just dont. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794088 Share on other sites More sharing options...
Robert Poste's Child Posted October 28, 2014 Share Posted October 28, 2014 Or what? Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794114 Share on other sites More sharing options...
Mick Mac Posted October 28, 2014 Author Share Posted October 28, 2014 Or else. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794115 Share on other sites More sharing options...
Robert Poste's Child Posted October 28, 2014 Share Posted October 28, 2014 You don't mean ... you'll count to three? Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794118 Share on other sites More sharing options...
MrBen Posted October 29, 2014 Share Posted October 29, 2014 Especially for Mick who well knows it's called the shadow economy. I've found the original piece I was thinking of...http://moneyweek.com/merryns-blog/how-to-get-rid-of-britains-shadow-economy-23000/Of course as Bob says just because you pay in cash doesn't mean anyone's avoiding tax...I've seen teams of Polish builders all get paid in fifties as well as get their PAYEE slips listing correct deductions. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794126 Share on other sites More sharing options...
MrBen Posted October 29, 2014 Share Posted October 29, 2014 I'd love to know if anyone else has done more than 25k in cash from a local bank though."Would you like an envelope for that?""Yes please""Ok. ..er well mind how you go" Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794127 Share on other sites More sharing options...
KidKruger Posted October 29, 2014 Share Posted October 29, 2014 I have MrBen, a few times. It actually doesn't take-up that much space, even in ?20's.I have a new roof plus internal plastering 5 years ago. cash.renovated a house in Wiltshire this summer. cashrenovating house in ED now. cash.No cash left now obviously. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794273 Share on other sites More sharing options...
MrBen Posted October 29, 2014 Share Posted October 29, 2014 Queuing in the local branch of my bank recently I was amazed at the number of pensioners in front of me taking out four figure sums in an envelope. Muggings outside banks even in broad daylight aren't massively uncommon and its a chunk to lose that goes beyond what most personal insurance will cover.You're right that it's not much space. But it's too much for the jeans pocket. And I don't have KK's "presence" so I always ended up stuffing it down my Calvins and hoped for the best. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794313 Share on other sites More sharing options...
Sue Posted October 29, 2014 Share Posted October 29, 2014 MrBen Wrote:-------------------------------------------------------> > You're right that it's not much space. But it's> too much for the jeans pocket. And I don't have> KK's "presence" so I always ended up stuffing it> down my Calvins and hoped for the best.KK's "presence"?? :)) Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794320 Share on other sites More sharing options...
*Bob* Posted October 29, 2014 Share Posted October 29, 2014 He's got bigger pants Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794321 Share on other sites More sharing options...
red devil Posted October 29, 2014 Share Posted October 29, 2014 Bloomers is what you need MrB, with 'cinched' legs so the notes don't fall out if you have to run away from a felon...http://media.coletterie.com/2010/02/bloomers-close-500x333.jpgLook at my wad! Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794327 Share on other sites More sharing options...
*Bob* Posted October 29, 2014 Share Posted October 29, 2014 A Lidl carrier bag makes a deceptive receptacle - and it's opaque too. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794328 Share on other sites More sharing options...
Mick Mac Posted October 29, 2014 Author Share Posted October 29, 2014 MrBen Wrote:-------------------------------------------------------> Especially for Mick who well knows it's called the> shadow economy. I've found the original piece I> was thinking of...> >Actually HMRC have long since been wise to the cash economy around builders in particular. There is now a specific > onus on the customer to ensure they take precautions to ensure they are not participating in joint fraud. MrB - I was referring to there is an onus on the customer - I have never seen that from HMRC - just checking you didn't know about something that I hadn't seen. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794336 Share on other sites More sharing options...
???? Posted October 29, 2014 Share Posted October 29, 2014 Are you sure MrB?http://www.tax.org.uk/media_centre/blog/Media+and+Politics/cash+in+hand+QA Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794344 Share on other sites More sharing options...
KidKruger Posted October 29, 2014 Share Posted October 29, 2014 "Muggings outside banks even in broad daylight aren't massively uncommon and its a chunk to lose..."Agreed, it can be a worry. I carry a tool JIC...I find a hunting waistcoat with loads of pockets useful, worn under a coat - you can stash a good wedge that way and not be 'carrying' anything obvious, as you stagger out of the branch like a drunkard, your knees barely coping with the weight of all that stinking cash. Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794351 Share on other sites More sharing options...
red devil Posted October 29, 2014 Share Posted October 29, 2014 Sounds far too conspicuous KK, you need to blend into the background more...http://www.head-fi.org/content/type/61/id/695773/width/500/height/1000/flags/LLBeard optional Link to comment https://www.eastdulwichforum.co.uk/topic/50798-traders-that-ask-one-price-for-cash/page/2/#findComment-794355 Share on other sites More sharing options...
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