We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Payment advice please

Hello, Ive just had my house rewired. Ive been told the quote will be cheaper if i pay cash rather than cheque by about £250. Is this a safe option? I will be getting certificates etc.. i think the electritian is not VAT registered. I dont have much info on this.. but was thinking cheque was safer? advice is appreciated :beer:

Comments

  • latecomer
    latecomer Posts: 4,332 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If you pay cash he can avoid paying tax.
  • Cherryjack
    Cherryjack Posts: 1,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    is it not a safe option to me?
  • Jaynne
    Jaynne Posts: 552 Forumite
    What do you mean by safer? Even if you pay by cheque he could disappear the day after he completes the job anyway. So long as you don't pay fully until you have the certificates then I don't see the risk.

    An electrician would not have to be VAT registered unless he receives over about £70k per year so it wouldn't be surprising for a one man band not to be. His tax affairs and what he does with the cash are his problem not yours.
  • Cherryjack
    Cherryjack Posts: 1,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thanks Jaynne thats great, was making sure i wasnt missing something. I was told i would get certificates from him and also recieve some from the council a few weeks later
  • Jaynne
    Jaynne Posts: 552 Forumite
    Just don't pay fully until you have them and make that clear to him before he starts the work.
  • iamcornholio
    iamcornholio Posts: 1,900 Forumite
    There is no difference to you.

    Cash, cheque, direct transfer whatever, he has still done the work, is still liable for it, you get the certificates and the work is recorded at the council just the same
  • dil1976
    dil1976 Posts: 486 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    latecomer wrote: »
    If you pay cash he can avoid paying tax.


    Or any other means of payment too. Don't think because he wants paying cash it is fraudulent, although in this instance it does sound a little weird.

    I know you have to pay to put cheques into a business account but not £250.00
  • Cherryjack
    Cherryjack Posts: 1,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    hes said a bank transfer will be ok 2..
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.