Cash payment

[s,one]

The initial message has been deleted from this topic.

[john_p]

Best not to post about such matters on a public forum, you never know who's watching

Edited by john_p on Wednesday 1st October 21:54

[Eric Mc]

Are you a VAT registered business?

[2 sMoKiN bArReLs]

Cash is cash, cheque is cheque. There's a huge difference in the implications...(and opportunities)

But agree, I'd delete you original post if I were you.

[Eric Mc]

The VAT man is not that concerned about the manner in which you get paid, as long as you correctly account for the VAT on it.

Having said that, there are now Money Laundering regulations which require that cash transactions exceeding about £9,000 need to be disclosed separately.

Edited by Eric Mc on Wednesday 1st October 20:26

[25 JET]

Eric Mc said:

Are you a VAT registered business?

Or the TAX MAN himself????????????????