Cash
- Thread starter MIXERMAN
- Start date
Donzo
Well-Known Member
Do you not have a separate account
Dansouthcoast84
Private Member
sale of a car?
Pl plastering
Well-Known Member
Just say you had a win at casino a while back,kept it back as didnt want to put in bank 4 this reason but now uve no choice,tbh mate it dsnt matter as chances of being investigated at minute are very slim,past 6 years there cant go back that far,guna be years b4 HMRC are back to normal
smoother09
Well-Known Member
You won it in the bookies simples!
Pl plastering
Well-Known Member
There would still trace the source of where it came from..dsnt matter donzo world is f**k*d there wont be bothered at minute.can get away with quite abit I'd imagine 4 nxt few years
Pl plastering
Well-Known Member
Can say that aswell but it's only online at minute so it would be bank transfer
Donzo
Well-Known Member
Your right who gives a s**t were it came from, considering the state we r in.
johniosaif
Private Member
You could ask some one to pay you ? You give them the cash , have an invoice for it etc , might have to split the tax , ie costs you ten percent
Pl plastering
Well-Known Member
f**k that! Why!?
John j
Mono Don
Paper trail
johniosaif
Private Member
It’s a solution, not for you maybe
smoother09
Well-Known Member
You get paid out in cash from bookies could of been months ago
smoother09
Well-Known Member
There ain’t no paper trail if I put £50 on a horse and it pays out say £5k I hand slip over they hand cash over no receipt or anything there’s nothing no name address anything! Bookies winning is totally untraceable to a individual person done in bookies with cash
John j
Mono Don
@
Thought they would of been
Pl plastering
Well-Known Member
It's a ballache solution is what it is
johniosaif
Private Member
It’s simple , you have £5000
Cash , you want to put in an account, you give it to an ‘employer ‘ he pays you £4500
, you can claim it on your taxes , basically getting your £500 back ,
Complete
Well-Known Member
Put it in the bank and say it was a cash payment from a customer before lockdown (which it obviously was) declare it and pay tax on it (like you should)
johniosaif
Private Member
The “I won it in a bookies “ where’s the proof , for hmrc you need proof , if they ask and you can’t prove it , they may tax and fine you and check your accounts closely
Pl plastering
Well-Known Member
So next time you do that,get in touch with me,il gladly take £500 off you
Pl plastering
Well-Known Member
U never taken cash and not declared? Be honest?
superspread
Well-Known Member
And the employer gets hit for 5000 Worth of tax
johniosaif
Private Member
How , ? He pays the tax and can claim it back , , he pays £500
Complete
Well-Known Member
I didn’t say that, I’m just saying I don’t see why there has to be this big merry go round that is basically another count of fraud. Just take the hit and declare it!
Complete
Well-Known Member
I’m not judging either, I’m just saying the solution is simple. Where people f**k up with cash jobs is doing them cheaper. If you charge the same and end up declaring it then it’s cost you nothing
Pl plastering
Well-Known Member
I charge more for cash jobs
Complete
Well-Known Member
We all make our prices up anyway right?
Pl plastering
Well-Known Member
B4 this s**t happened I'd try get 1-2 minimum cash jobs a month and id try get £400-£600 cash with them jobs
Pl plastering
Well-Known Member
What I meant was I dont go cheaper because its cash,f**k that
Complete
Well-Known Member
That’s what I was saying. Why would you
Complete
Well-Known Member
Wait a minute, PI plastering doesn’t stand for Private Investigator does it?
If you have a personal and separate business account then I would put it in the personal account. No more than 4K at a time as 5k and over gets flagged....(not that you’ve done anything wrong or it’s from skulduggery, but why have the agro). Then transfer the money to business account as a directors loan. You can then pay it back to yourself tax free when you’ve got it.