They have both red and green diesel in Ireland 
They also have the black stuff!
M
mdf290
Why the big fuss...
If the tradesman gets some cash in hand my bet if he does not put it in the bank is that it will get spent on food - fuel and alcohol.
If its spent on food then the revenue will get 20% vat from it and more in corporation tax from Tescos. If the rest of it is used to pay Tesco employees then they will get another 20% of that back. either way the Govt will see half of that cash back in its coffers as tax.
if its spent on fuel fags or alcohol then whoopee the govt will see nearly 70% of that cash back in its pocket.
The only way the govt wont see any return from that cash is if its buried underground and then can't be relocated or if its all set on fire.
If the tradesman gets some cash in hand my bet if he does not put it in the bank is that it will get spent on food - fuel and alcohol.
If its spent on food then the revenue will get 20% vat from it and more in corporation tax from Tescos. If the rest of it is used to pay Tesco employees then they will get another 20% of that back. either way the Govt will see half of that cash back in its coffers as tax.
if its spent on fuel fags or alcohol then whoopee the govt will see nearly 70% of that cash back in its pocket.
The only way the govt wont see any return from that cash is if its buried underground and then can't be relocated or if its all set on fire.
Plumbers, sparks, etc, etc may do the odd cash job.
Small-fry up to some other people.
http://www.ft.com/cms/s/0/9acf8b3a-d747-11e1-8c7d-00144feabdc0.html#axzz21lB7oJ4b
Small-fry up to some other people.
http://www.ft.com/cms/s/0/9acf8b3a-d747-11e1-8c7d-00144feabdc0.html#axzz21lB7oJ4b
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I will not do any job un-declared. End of. Its not worth the grief if HMRC get into you. They scare me more that er' indoors.
That's odd, because their debt recovery department consider £20k to be a cause of major celebration.
And the little guy is their easy target and the one they're after.
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No way. Twenty years ago one of them told me it wasn't unusual to find a cheque for a million pounds on the desk.
It costs money chasing the little guy - far more than they could ever hope to recover. It's the bigger fish they are after.
It costs money chasing the little guy - far more than they could ever hope to recover. It's the bigger fish they are after.
20 years ago??
Times have changed.
They target the little guy due to easy pickings. The new systems cross checking various submissions pick up anomalies and the hit squads visit.
More work usually required for the bigger targets due to accountants being involved.
Visit was a generalisation.
However, as a Ltd, they can and do invite themselves.
They do have computing systems you know. Some of them actually work.
So it takes them no man hours to find 'targets'.
As i say, things have moved on in the last twenty years.
The revenue now penalise for that.
