Discuss Do you do jobs for cash, and then not declare it with the taxman? (voters in the poll are private!!!) in the UK Electrical Forum area at ElectriciansForums.net

Dan

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