emergency budget

Quote:

---

Originally Posted by blue_peg_16v

they do try to go after it but cash in hand payments are very difficult to prove and also the 100billion is a guestimate due to the nature of cash in hand knowone nows the figure its a shock figure imo

---

its not a guesstimate, its an approx figure released last week by hmrc. :thumb:

Quote:

---

Originally Posted by General Baxter

ok what will i get/no get, cant be arsed in going init all

basic wage £24k, around £35k with over time,
no kids, no house, loads of savings
private pension

what do i get ?

---

more tax lol

Quote:

---

Originally Posted by General Baxter

ok what will i get/no get, cant be arsed in going init all

basic wage £24k, around £35k with over time,
no kids, no house, loads of savings
private pension

what do i get ?

---

a free grinder. lol

seriously, not much.

Quote:

---

Originally Posted by Rob

its not a guesstimate, its an approx figure released last week by hmrc. :thumb:

---

approximate exactly have you ever had an approximate gas bill how accurate are they lol

its yet more spin on figures

the peice of paper says "estimated within 2% of actual figure" ;)

Quote:

---

Originally Posted by Rob

the peice of paper says "estimated within 2% of actual figure" ;)

---

the tax office will willingly spend £1000 to chase a fiver owed to them.............

they waste more money than anyone... i told a tax officer that if they had a suggestion box then they should suggest that if the tax return was within a tenner of what it should be, then they should say good enough & leave it. i reckon they could save billions internally from that alone.

there is know way of nowing though mate think about it if they know the transactions are happening and the amounts they would be able to stop them and charge people with tax evasion, by the very nature of cash in hand its an unknown payment so they have no idea of the amounts that are changing hands and when or were its happening so the figure they have given is irrelivant.

they also know that there is little chance of stopping it so little chance of finding the true figure so there no chance they can be proven wrong.

and everuyone knows an accountants jobb is to make it so you pay as little tax as possible thats what you pay them for

don't be fooled... people spending large amounts of cash, or banking it gets flagged up on the revenues radar, they always said it was to catch money laundering from drugs..... but they also check on people... if you register loads of cars in a year, they will door knock you.. they have very sneaky ways & the sneakiest is people anonymously dobbing their neighbours in.

dont be fooled by those measures either theres ways round them like property auctions a minimum deposit of 10% has to be paid and cash irrespective of the amount is accepted i once saw 8 asians handcuffed together with a case each full of cash

Quote:

---

Originally Posted by mowgli

don't be fooled... people spending large amounts of cash, or banking it gets flagged up on the revenues radar, they always said it was to catch money laundering from drugs..... but they also check on people... if you register loads of cars in a year, they will door knock you.. they have very sneaky ways & the sneakiest is people anonymously dobbing their neighbours in.

---

ha my bank blocked my card, they asked me what i spent £5 on every day for 2 weeks,

i told them 10p chews, which was true