Cash

[MIXERMAN]

Looks like I'm gonna have to pay some cash in the bank .I'm not working so wot do I put it down to when I do my books.

 

[Colin 879]

Corona virus emergency top up

 

[Donzo]

Looks like I'm gonna have to pay some cash in the bank .I'm not working so wot do I put it down to when I do my books.

Do you not have a separate account

 

[Dansouthcoast84]

Looks like I'm gonna have to pay some cash in the bank .I'm not working so wot do I put it down to when I do my books.

sale of a car?

 

[Pl plastering]

Looks like I'm gonna have to pay some cash in the bank .I'm not working so wot do I put it down to when I do my books.

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

 

[Donzo]

A gift of cash up to £3000 a year is allowed, up to £6000 if received no cash in previous tax year.

 

[smoother09]

You won it in the bookies simples!

 

[Pl plastering]

A gift of cash up to £3000 a year is allowed, up to £6000 if received no cash in previous tax year.

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]

You won it in the bookies simples!

Can say that aswell but it's only online at minute so it would be bank transfer

 

[Donzo]

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

Your right who gives a s**t were it came from, considering the state we r in.

 

[johniosaif]

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]

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

f**k that! Why!?

 

[John j]

You won it in the bookies simples!

Paper trail

 

[johniosaif]

f**k that! Why!?

It’s a solution, not for you maybe

 

[smoother09]

Can say that aswell but it's only online at minute so it would be bank transfer

You get paid out in cash from bookies could of been months ago

 

[smoother09]

Paper trail

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]

@

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

Thought they would of been

 

[Pl plastering]

It’s a solution, not for you maybe

It's a ballache solution is what it is

 

[johniosaif]

It's a ballache solution is what it is

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]

Looks like I'm gonna have to pay some cash in the bank .I'm not working so wot do I put it down to when I do my books.

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]

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]

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 ,

So next time you do that,get in touch with me,il gladly take £500 off you

 

[Pl plastering]

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)

U never taken cash and not declared? Be honest?

 

[superspread]

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 ,

And the employer gets hit for 5000 Worth of tax

 

[johniosaif]

And the employer gets hit for 5000 Worth of tax

How , ? He pays the tax and can claim it back , , he pays £500

 

[Complete]

U never taken cash and not declared? Be honest?

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!

 

[zombie]

Cant you just use another account to make payment or is it to cover direct debits?

 

[Complete]

U never taken cash and not declared? Be honest?

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]

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

I charge more for cash jobs

 

[Complete]

I charge more for cash jobs

We all make our prices up anyway right?

 

[Pl plastering]

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]

We all make our prices up anyway right?

What I meant was I dont go cheaper because its cash,f**k that

 

[Complete]

What I meant was I dont go cheaper because its cash,f**k that

That’s what I was saying. Why would you

 

[Complete]

What I meant was I dont go cheaper because its cash,f**k that

Wait a minute, PI plastering doesn’t stand for Private Investigator does it?

 

[Bricktop]

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.