Oops At The Cashpoint

itchy said:
From what banking perspective is that? :confused:

Tax avoidance sod all to do with me am paying for the work.
Also shops do deals on cash as they avoid debit/credit charges.
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No, shops don't do deals on cash to avoid card charges, they do deals in cash to avoid it going through the books. Cash is MORE expensive for a business to pay into their account than the cost of a card transaction.


Tax avoidance does effect you - The cost of it means your other general taxation is higher and your public services are effected. You might "gain" by a bit on the odd occasion you need the services of such an individual, but you will be losing out in the long run.
 
BDEE said:
No, shops don't do deals on cash to avoid card charges, they do deals in cash to avoid it going through the books. Cash is MORE expensive for a business to pay into their account than the cost of a card transaction.


Tax avoidance does effect you - The cost of it means your other general taxation is higher and your public services are effected. You might "gain" by a bit on the odd occasion you need the services of such an individual, but you will be losing out in the long run.
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Yes they do deals on cash, you saying currys/purple world wont do a deal with cash. I have done loads of deals from cars to Tv's. Its not a lot but sometimes you can get a good few quid off. You can haggle with cash not so much on cards or credit. ;)

Tax avoidance by the builder who quoted me a price in cash has nothing to do with me. If he pays the tax fine if he don't then it is him who will be prosecuted not me.

For people saying cash is a pain and this that and the other. So what you are saying you are outsourcing your financial transactions to another person or company ? :eek: Are you people mad? :rolleyes:
 
itchy said:
For people saying cash is a pain and this that and the other. So what you are saying you are outsourcing your financial transactions to another person or company ? :eek: Are you people mad? :rolleyes:
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I assume you keep all your cash under the bed then, so you don't have to outsource the holding of your money to those nasty financial institutions? :confused:
 
lofz said:
My other half done it with £50 it took less than a week to go back into her account
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LOL

Money seems to only take a few seconds to come out of your account balance but it can takes days to go back in..:(

I remember when I payed £4000 for my car by using my debit card and I took my card out to fast and I had to wait about 14 days for the money to go back into my account..:mad:
 
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Mattus said:
I assume you keep all your cash under the bed then, so you don't have to outsource the holding of your money to those nasty financial institutions? :confused:
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What money needs to be in the bank is in the bank, the rest is readily available without the bank! :D

Old saying "Don't keep all you eggs in one basket" a very true saying indeed. ;)
 
itchy said:
What money needs to be in the bank is in the bank, the rest is readily available without the bank! :D
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If the bank loses your money then the government compensates you up to £75,000. If you lose your cash then you're probably screwed. :confused:

If the bank holds your money then you earn interest on it. If you have it in cash then it just sits there eroding in value :confused:
 
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