icowden
Shaman
And one that is mostly consigned to history. It's both difficult and expensive to accept cash.
Who was the best prime minister?
- Thread starter Ianonabike
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And one that is mostly consigned to history. It's both difficult and expensive to accept cash.
Stevo 666
Veteran
No it's not. If both parties are willing to deal in cash, you just hold out your hand and accept the wad of twenties...
icowden
Shaman
Which as I said is mostly consigned to history. You either have to shop at places that accept cash or it goes into your current account. You can't pay your suppliers with cash, you might be able to pay your staff cash but it still has to be documented in your accounts etc etc.
PurplePenguin
Well-Known Member
I would have thought that a lot of trade shops still accept cash. Also, I'm sure some workers would be happy to receive some cash bonuses for additional work.
CXRAndy
Shaman
Then it can become invisible for tax purposes
Beebo
Guru
I was friends with a self employed travel agent. He did loads of work for the Traveller community, as no other travel agent would take cash for expenses holidays.
I haven’t seen him for a few years. But even 3 years ago he was having difficulty getting rid of the cash and was considering stopping.
It’s also very hard for a business to get insurance for more than a few grand in cash.
BoldonLad
Old man on a bike. Not a member of a clique.
- Location
- South Tyneside
Well, perhaps self declaration is a possibility here in UK, our population, I am sure, are as capable and honest as our French cousins 😊
wakemalcolm
New Member
Anyhow, back on track: Hugh Grant. Proven track record of not taking any nonsense from an American president.
icowden
Shaman
As I said. It would be very difficult.
I'm not sure why everyone is listing exceptions.
Pblakeney
Guru
It's the exceptions that move it from very difficult to simply awkward.
OP
OP
Ianonabike
Active Member
Yes but how would he have handled a Black Mirror/National Anthem type situation? Surely the acid test for any PM.
Rusty Nails
Country Member
Better than he handled Divine Brown.
Stevo 666
Veteran
You never dealt with tradespeople then? The reference is to small businesses.
Rusty Nails
Country Member
A cousin of mine runs a fish and chip shop. He buys a lot of the raw materials for cash from markets and a lot of his customers use cash.
Sadly his business is not doing that well, but luckily that means he pays less tax.
Sadly his business is not doing that well, but luckily that means he pays less tax.
Bazzer
Über Member
On the subject of cash, I was in Costco yesterday afternoon. The couple in front of me paid for a TV and various other items in cash; - just short of £1,000.
I also discovered Costco keep a record of cash transactions above a certain amount. I don't know what that figure is, but the cashier had at least a dozen transactions on the record, all of which were 3 figures and more, with one of almost £1,400.
I also discovered Costco keep a record of cash transactions above a certain amount. I don't know what that figure is, but the cashier had at least a dozen transactions on the record, all of which were 3 figures and more, with one of almost £1,400.
