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

But the tax man will only ever see the €150k figure... the other half is cash and never declared etc..
I don't know a single person with 150k in cash

It's drawn out of a bank surely.

It comes back around doing that because checkout their bailouts they've had. It'll cost them when they can't draw cash out or put it in anywhere without a passport.

Got to spend it in fivers at the shops then and fuel will be more paid in tax than it was worth ?
 
I don't know a single person with 150k in cash

It's drawn out of a bank surely.

It comes back around doing that because checkout their bailouts they've had. It'll cost them when they can't draw cash out or put it in anywhere without a passport.

Got to spend it in fivers at the shops then and fuel will be more paid in tax than it was worth ?
Yeah... but this is Greece... it's a different way of life. I heard that someone had a safe/secure box/whatever underneath his swimming pool ! He worked out it was about the last place anyone would look !
 
Yeah... but this is Greece... it's a different way of life. I heard that someone had a safe/secure box/whatever underneath his swimming pool ! He worked out it was about the last place anyone would look !
Wow that's one way to stash it.

Worth sticking it into some currency or property though. It would increase in value then and not decrease.

If I hide 100 now. In 10 years I can buy less with it.

Doesn't make sense to me.

Large sums of money is how money is made easily. I can see why a small business can fiddle books and pay in cash at suppliers for stock etc.

But big bucks, sod that. That'd go straight into Forex for me and alternate it over the opening times of currency that happen a few times a day.
 
Tax avoidance and dodging is bollox. If I threw a brick at your head would you dodge it or avoid it?

As for cash jobs, ok the tax man/woman/frying pan don’t get their cut but at least the vast majority spend that cash with local businesses who do pay tax unlike Amazon etc.
 
Not sure what the brick reference is all about lol.

The companies who dodge and avoid tax simply opt for the lowest outgoings. Amazon apple and Google all making well more than a lot of countries while GDP.

So they use their low taxes for their businesses. They're bigger than countries now. Countries need to be stronger on them but then the tax payer ends up going elsewhere for their stuff too then.

I guess.

I don't agree with it. It should be paid in the country the product is bought. End of. Not related to where the business operates. IMO.

I'm hoping the yes vote in our poll really is occasionally. ;)

Else your statement above is untrue mate. Lol
 
Not sure what the brick reference is all about lol.

The companies who dodge and avoid tax simply opt for the lowest outgoings. Amazon apple and Google all making well more than a lot of countries while GDP.

So they use their low taxes for their businesses. They're bigger than countries now. Countries need to be stronger on them but then the tax payer ends up going elsewhere for their stuff too then.

I guess.

I don't agree with it. It should be paid in the country the product is bought. End of. Not related to where the business operates. IMO.

I'm hoping the yes vote in our poll really is occasionally. ;)

Else your statement above is untrue mate. Lol
The problem though Dan... is that it's tax on profits... and who's to say which country you made the profit in ? You can easily determine the value of Sales, but profit is a tricky one. The trick often used is to charge a 'management charge' from one entity to another... thus moving profit. The only real solution is to have a global arrangement that says that whatever profit you make, it will be 'deemed' to have been made in the country where the sales were... But Ireland would never agree to that ! Neither would Luxembourg !
 
Hang on there Pete... All taxes are vile and disgusting ! but I agree we do need them to run essential services for the country. And yes, tax evasion is illegal, but avoidance is just shrewd... after all, it was the monks who invented it !

As to the issue of hospital waiting lists though... that has very little to do with money... it's far more to do with chaotic mismanagement and institutionalised employees.

And the none arrival of a Police Officer is mainly due to their new role to 'maintain the safety of the general public'. Their traditional role of 'upholding the law' went about 20 years ago !
Absolutely agree money( our money ) is waisted by government, but I feel it is a poor argument to justify not paying your due taxes.

Governments from all sides will always waste money on weird schemes and mismanaging. It’s a fact and will never change.

The problem is they don’t believe it is wasted because they are spending it on what we the people want. Not the majority of people, but the loud minority.

I know my argument will be unpopular as no one likes giving money to the taxman, but it is needed even if some of it is wasted due to what we the people want.
 

Reply to 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

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