Landlord insists on rent paid by cheque....tax avoidance??

MegaMiniMouse

POPPYOSCAR wrote: »

Yes but Op says they don't like them but not why they are angry with them.

It's probably because they are Dodgy, but up until now, it suited all parties

MMM

epsilondraconis

Does anyone get the feeling MegaMiniMouse is something of a stirrer?

I'm off to find the MegaBigCat...

GCH888

suzy_g wrote: »

My Son's landlord insists he pays by cheque even though he has asked if he can pay by standing order. I just find it bizarre that anyone would choose to wait 5 days for the funds to clear.
Also should he have had receipts?
Thank you

I would be suspicious if the LL insisted on cash only, but cheque? Maybe not.

Is the LL a person of the older generation who probably isn't the type to log onto their online bank account to confirm that payment is made every month? Perhaps he or she is the type who likes something substantial in hand, even if it is merely a cheque? Maybe the LL uses the cheque collecting visit as an excuse to have a glance around to make sure everything is in order and your son isn't subletting a room to somebody else.

Old fashioned and behind the times but not really dodgy in my opinion.

terryw

A cheque is a receipt in itself. Most (if not all) cheques are "a/c payee" and can only be paid into an account in the name of the payee. I really can't understand why the Op would find wanting a cheque to be occasion for dodgy dealings - cash perhaps.

downshifter

I always pay by cheque, when I asked my landlord if I could change to standing order she said if I did that she would have to open a bank account specially for that and she doesn't trust them. I asked what she did with my cheques and she said she goes into the bank and they give her cash for them!! After all, my statement shows the same amount each month so that's proof enough of payment.

Knowing her it is because she is totally old fashioned and that's the way she thinks. (Mind you, she's got a point about banks) When I moved here she was really full of the fact that mains water hadn't long arrived and that they'd just installed central heating (actually about 15 yrs ago but to her that's new)

God knows what she's going to do when they get rid of cheques. Probably go back to cash.

Brallaqueen

Student landlords in particular like this method of payment. One reason may be because it costs money to stop a cheque whereas SO can be stopped without penalty. Two may be because they are old fashioned and always done it - of the landlords I have had experience of, only the younger ones were bothered with newfangled things like online banking and SOs the older ones were strictly cheque people (especially postdated ones due to be drawn the day loans are in - helps studnets budget i guess)
There is also the possibility of baking the cheque early if there are any problems, as sometimes banks dont pay any attention to the date on the cheque.

withabix

If you don't like paying cheques, just give your notice and find somewhere else to live?

MegaMiniMouse

epsilondraconis wrote: »

Does anyone get the feeling MegaMiniMouse is something of a stirrer?

I'm off to find the MegaBigCat...

If Tom and Jerry ruled the World, it might be a better place...

x

JanCee

terryw wrote: »

A cheque is a receipt in itself. Most (if not all) cheques are "a/c payee" and can only be paid into an account in the name of the payee. I really can't understand why the Op would find wanting a cheque to be occasion for dodgy dealings - cash perhaps.

100% correct.

Tiddlywinks

MegaMiniMouse wrote: »

Yes, contrary to conventional wisdom, HMRC does not find it easy to follow the paper trail of cheques

A cheque-book stub, filled in by the payer, is less than worthless

MMM

MegaMiniMouse wrote: »

A standing order is instantly checkable - if no bank statements are available, then HMRC will assume the worst

Cheques can come from anywhere and go anywhere, HMRC will only bother with the bigger issues

MMM

MegaMiniMouse wrote: »

By number on the issuing account, and by amount on the recipient's account (possibly lost in a long list of unconnected figures) - standing orders give names, and that is what HMRC needs

MMM

Rubbish - receipts from cheques are easily tracked during an audit.

Where on earth are you getting your misinformation from?