Originally posted by TheFaQQer
View Post
- 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!
Reply to: getting paid by cheque? irritating?
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "getting paid by cheque? irritating?"
Collapse
-
Originally posted by d000hg View PostThe only thing which would irritate me about being paid by cheque is having to find time to visit the bloody bank.
Leave a comment:
-
The only thing which would irritate me about being paid by cheque is having to find time to visit the bloody bank.
Leave a comment:
-
Originally posted by jonson View Postyeah I mean they must make money on interest, by keeping the money there as long as possible or something..right?
Or in terms of your client the fact that they can pay you as late as possible means they have less interest added on to their overdraft.
Leave a comment:
-
Originally posted by jonson View Postyeah I mean they must make money on interest, by keeping the money there as long as possible or something..right?
Leave a comment:
-
Originally posted by Greg@CapitalCity View PostEspecially these days with electronic banking etc. However its tough times for a some people, and some companies figure that paying their creditors right on the time limit is an effective and cheap source of business financing.
Leave a comment:
-
Originally posted by jonson View PostOf course the work I did was used immediately, the day after I finished..I just find this a cheap trick
Leave a comment:
-
Originally posted by SarahL2012 View PostI tend to smile sweetly at clients and say that my small business bank account precludes me from cheques these days and please can they make sure they pay me electronically. So far no-one has queried that....
Leave a comment:
-
Originally posted by SarahL2012 View PostI'm an accountant by training and cheques are normally only used these days if the company wants to make sure the cash ISN'T coming out of its bank account at month end - usually because there are tough banking covenants in place that look at actual cash in the bank as part of their calculations.
I tend to smile sweetly at clients and say that my small business bank account precludes me from cheques these days and please can they make sure they pay me electronically. So far no-one has queried that....
Leave a comment:
-
Originally posted by jonson View Postwell cheques must be cheaper..I clearly gave them instructions on my invoice to pay electronically, in 21 days
instead they ignore it all
I tend to smile sweetly at clients and say that my small business bank account precludes me from cheques these days and please can they make sure they pay me electronically. So far no-one has queried that....
Leave a comment:
-
Originally posted by Sockpuppet View PostI get paid by cheque by a few clients. Its generally as they don't have my bank details and they revert to cheque as default method of payment. Once I had a word with them they changed it.
Cheap trick or not the amount of cash flow that can be saved by taking payments up to the wire in big companies is quite large.
instead they ignore it all
Leave a comment:
- 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
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: