discount for paying cash

andrewf75

About to buy some flooring and have been quoted a 20% discount for paying in cash.

Obviously this sounds dodgy and is quite surprising as its not a small firm. Should I ask no questions and get the discount - could do with saving the money to be honest - or should I be wary? The firm has a good reputation locally.

Skinto_7

andrewf75 wrote: »

About to buy some flooring and have been quoted a 20% discount for paying in cash.

Obviously this sounds dodgy and is quite surprising as its not a small firm. Should I ask no questions and get the discount - could do with saving the money to be honest - or should I be wary? The firm has a good reputation locally.

As long as you get what you want and its not nicked i would go for it. Its not your concern how the company is dealing with its tax and VAT!!!

dotdash79

Make sure you get a receipt.

jellie

Might they have cash flow problems?

Is it cash on delivery, ie they don't want the money upfront?

phill99

dotdash79 wrote: »

Make sure you get a receipt.

Don't be Naive.

SailorSam

I had some repairs done to my roof, as soon as i pulled my cheque book out the guy said, ..... if you're giving me one of those it will be plus Vat.
So we went to the cash point.

the_matrix

Check the goods, give cash, earn a discount.

The rest VAT, tax, etc is up to them.

andydiysaver

phill99 wrote: »

Don't be Naive.

if they are prepared to do a tax receipt it's not naïve and if the vat man has been shafted it's nothing to do with you as they issued a false VAT receipt, 20% off is slightly more than VAT on, although approximately it's around the same level as long as the numbers are not too big- but as stated, if the fella is prepared to divide his quoted cash price by 1.2 and give that out as a VAT receipt, if it's a fiddle, it's his fiddle, not your problem, take the discount !

andrewf75

Cheers! Took the discount and got a VAT receipt so not quite sure what kind of fiddle is going on, but certainly nothing for me to be concerned with.