Hands giving money stock photo. Image of currency, deal 21434828

Paying Tradesmen Cash In Hand. Hands giving money stock photo. Image of currency, deal 21434828 While the era of digital money makes cash transactions less frequent and the UK government has expressed concerns about the link between cash, tax evasion and the so-called hidden economy, requests for cash payments are not necessarily for nefarious reasons. A guide to cash in hand payment and how these may be banned in a crackdown on tax avoidance

Tradesman cash in hand hires stock photography and images Alamy
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While the era of digital money makes cash transactions less frequent and the UK government has expressed concerns about the link between cash, tax evasion and the so-called hidden economy, requests for cash payments are not necessarily for nefarious reasons. Paying tradesmen cash in hand to avoid tax is "morally wrong", a Treasury minister has said

Tradesman cash in hand hires stock photography and images Alamy

So David Gauke thinks that paying cleaners and tradesmen in cash to get a discount is morally wrong because it's illegal for the tradesperson to fail to declare the income); but I don't think people feel that they have crossed any sort of moral line It seems like this is a very common form of tax evasion, and people know it's a bit naughty (i.e

Hands Giving Money Isolated Stock Image Image of human, finance 23609477. Cash in hand means the job doesn't go through the books, no tax is paid and warranty/recourse is at the tradies discretion, officially the job doesn't exist and they where never there. Are you breaking the law by paying cash in hand, and what are the consequences? The position with any trader is that they are responsible for declaring any cash paid work/income received to HMRC.

Free Images hand, people, leg, finger, market, arm, close up, contract, euro, debt, trade. If a customer pays a tradesman cash for convenience, then no one but the tradesman is culpable if he then decides not to declare his earning While the era of digital money makes cash transactions less frequent and the UK government has expressed concerns about the link between cash, tax evasion and the so-called hidden economy, requests for cash payments are not necessarily for nefarious reasons.