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| *Ostroff, Fair and Company>>>Law & Legal |
Working cash in hand?? |
if i get paid cash inhand what are the chances of being caught? does the fact that i am not claiming any benefits work in my favour? what are the risks? urgent plz Depends what industry you are working in, as some are known for cash in hand payments so are targetted by the Inland Revenue. As for not claiming benefits, yes it would work in your favour if you were caught as that is one less crime you are comitting in America, you'd get caught and go to jail. anywhere else, it's up for grabs. poob You may not be claiming benefits, but your not paying taxes, and neither is your employer, where else is s/he cutting corners, Heath and Safty? You need to pay NI to claim a pension and if your not claiming dole, the DHSS aren't paying your stamp for you. GO ON THE BOOKS. i'll put something in your mouth naughty waughty Cash in hand jobs are usually not highly paid. If you're not claiming benefits it would be in your favour but even if you did get caught the chances are high that your income ( as self employed) would not be great enough for you to be owing any tax anyway. Probably the best thing to do would be keeping records of hours worked and money recieved then you have it all to hand if you did get caught. However you need to remember that a cash in hand job carries no insurance protection so if you got injured you could not claim compensation etc. there are certain risks involved e.g.insurance and tax evasion. why not buy a self -employment stamp to cover yourself each week and open a bank account and put away 1/3 of the money so that when THEY catch up with you or the people who pay you , you will have the money there . What will happen if you you are ill - who will pay you then? you must show that you've paid your dues for the previous couple of years |
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