Cash

[Flintstone]

should we talk about it ?

 

[WetSaw]

Absolutely not, can't believe you'd even suggest such a thing.

 

[Chalker]

Why would you work for 20% less for cash. You would be no better off. Customer gets all the perks and you take all the risk.

As above nobody would actually do any work for cash !

 

[Flintstone]

Exactly chalker.

Obviously I pay all cash in the bank anyway

 

[One Day]

Exactly chalker.

Obviously I pay all cash in the bank anyway

Obviously

 

[Andy Allen]

I find a lot of elderly clients always pay cash......it's not against the law to except cash...

 

[Flintstone]

I have edited my first post somewhat!

 

[Dan]

Generally you want to whack the lot through until you hit your tax threshold because claiming stuff back on your expenses is awesome.

 

[J Sid]

doesn't everyone get paid cash, have every 2nd Thursday off to sign on and go there on the bus leaving the Range Rover at home and saying the tan came in a bottle not from the Maldives
or is that just Essex tilers

 

[White Room]

A mate who I do work for occasionally pays cash, he doesn't do online banking and has a cheque book.

 

[Flintstone]

What I was asking origionaly is basically do you offer a different rate for cash if some one asks ?

 

[White Room]

No, don't see why you should, personally I'd rather bank transfer.

 

[One Day]

What I was asking origionaly is basically do you offer a different rate for cash if some one asks ?

Why would you unless you were going to pocket it?!

 

[Chalker]

I wouldn't , as it costs more to pay in cash than bank transfer. Even a cheque is cheaper.

 

[Andy Allen]

Fact is we no longer live in a cash driven society, not with online banking......gone are the days when cash was king...
However if I really needed or wanted a job , and knocking a tenner off ment I got it , then why not.....it's normally just the price of that extra bag of adhesive , I added on, just incase anyway.

 

[John Benton]

I wouldn't , as it costs more to pay in cash than bank transfer. Even a cheque is cheaper.

That's exactly right, you should charge more for accepting cash as payment.

Just to repeat, the customer gets the benefit and you take the risk if you're not declaring it, which is just plain stupid!!!

 

[Flintstone]

Why would you unless you were going to pocket it?!

That would be terrible

 

[On one]

And guess which profession asks me most ''is there a discount for cash'' ??

 

[Flintstone]

That's exactly right, you should charge more for accepting cash as payment.

Just to repeat, the customer gets the benefit and you take the risk if you're not declaring it, which is just plain stupid!!!

How do you work that one out

 

[John Benton]

How do you work that one out

Which bit?

 

[Flintstone]

Charge more for accepting cash ?

 

[John Benton]

Well say I do a job that I invoice for £1000 and the customer pays by cheque, it costs me 53p to bank the cheque, bank transfer is free and if the customer pays cash it costs me 38p per £100 I bank, therefore that job has cost me £3.27 more for cash, hence I should be charging more for a cash payment

 

[Flintstone]

I think you need to change banks!

 

[John Benton]

I think you need to change banks!

What bank charges are applied to you at moment then?

 

[Andy Allen]

Do you have to use a business account?
Can you just use a current account?