You need to pay someone in cash, but you are saying ATM or going into branch isn't an option ? If that is the case, surely bank transfer would be most viable option. Or you could look into Western Union ??
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Is there a limit for cash payments
Collapse
X
-
-
My girlfriend keeps telling me that, but there are always ways that what isn't an option or might be inconvenient can suddenly become not only possible but desirable if you put your mind to it and try hard enough.Originally posted by kolata View PostATM is not an option, or it is inconvenient.Comment
-
-
Originally posted by sal View PostThat wouldn't be the £15k "loan" to your friend/MIL would it?
It might well be. Good call. That's what I reckon as well.
To the OP.... whatever you do the money must be traceable to the 'subcontractor'/'MIL'/whomever or else Hector could deem it a dodgy/illegal payment. So the recipient must be able to provide a genuine/traceable receipt or invoice.
And it must be for services in relation to your business.See You Next TuesdayComment
-
Originally posted by missinggreenfields View PostMy girlfriend keeps telling me that.
Don't think I didn't spot that
Comment
-
OP You're loaning your MIL 15 large from your Ltd and she wants it in cash? I've heard it all now...Comment
-
She's got a till so she can give proper receipts though don't forget.Originally posted by SlipTheJab View PostOP You're loaning your MIL 15 large from your Ltd and she wants it in cash? I've heard it all now...'CUK forum personality of 2011 - Winner - Yes really!!!!
Comment
-
-
The OP hasn't said that. They have a few threads and people have conflated the two.Originally posted by SlipTheJab View PostOP You're loaning your MIL 15 large from your Ltd and she wants it in cash? I've heard it all now...Comment
-
Could you get your "friend" to open a new bank account, then he/she/it will get £100.
How much are you wanting to pay them, and will they be raising an invoice?…Maybe we ain’t that young anymoreComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers


Comment