Coventrypunter

Is Punting Immoral

41 posts in this topic

Treasury minister David Gauke reckons paying cash for stuff is immoral.

So am i being naoghty paying WG's with cash or should i ask em for their bank details so i can pay them using internet banking?

(Oh shit, I paid for my coffee in the caff today with cash, so I doubly naughty!)

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Treasury minister David Gauke reckons paying cash for stuff is immoral.

So am i being naoghty paying WG's with cash or should i ask em for their bank details so i can pay them using internet banking?

(Oh shit, I paid for my coffee in the caff today with cash, so I doubly naughty!)

yes of course it is thats why I always use mastercard when I go to Sandys Superstars.

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David Gauke was referring, in the Telegraph, to the payment of tradespeople. And three quarters of those surveyed appeared to think that paying in cash to avoid tax was fine. The article states that fewer than 10% consider cash payments to be immoral.

Had the scope of the study be widened to include the services of sex workers, I wonder how different the figures might have been. People judge harshly where sex is concerned.

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Surely the onus is on the person being paid the cash to manage their own business and tax issues whether builder, cleaner, babysitter or escort.

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Surely the onus is on the person being paid the cash to manage their own business and tax issues whether builder, cleaner, babysitter or escort.

Not necessarily. If the payer knows the payee wont put it through the books/pay VAT and the payer, therefore, knowingly benefits from it (or indeed knows the payee alone will benefit), it is an offence. Eg a builder gives you a quote for £1000 plus Vat = £1200 but adds I'll do it for a £1000 for cash is an offence. Not only is the builder avoiding VAT but the £1000 is unlikely to go thru the books. The payer has knowingly benefitted by the VAT saving. And there is a victim - the Exchequor

I always pay you girls cash - no paper trail, obviously - and have never been given one price or an alternative for cash. I'm told you declare your earnings so thats ok by me. The onus in this transaction is with the wg and we punters are squeeky clean!

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The issue with regard to builders etc isn't about paying cash, it's about not getting a receipt. I don't, however, require a receipt after a punt because my accountant doesn't allow me to claim them on expenses, cannot convince him that they are a necessary business cost to prevent me going insane!

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There is 2 types of taxes which are involved when paying a WG for services. One is VAT which is to be levied by WG on her charges. But probably there must be a exemption on VAT for offering sexual servies, we must search the rules or else find exactly what is the rate of VAT to be paid. Other is normal Income tax which a WG must pay on her income after standard deductions. Again it will depend on total annual income of WG and other calculations regarding expenditures which can be allowed for her business needs. Also it needs to be checked whether there are any Tax Deductable at source for these services and in this case punter is liable to deduct this amount and pay it to tax office himself on behalf of WG.

Also it needs to be seen whether VAT paid to WG for punts during office hours are allowable to be refunded by punter or not. some tax men who is a member can surely put more light on this issue.

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There is 2 types of taxes which are involved when paying a WG for services. One is VAT which is to be levied by WG on her charges. But probably there must be a exemption on VAT for offering sexual servies, we must search the rules or else find exactly what is the rate of VAT to be paid. Other is normal Income tax which a WG must pay on her income after standard deductions. Again it will depend on total annual income of WG and other calculations regarding expenditures which can be allowed for her business needs. Also it needs to be checked whether there are any Tax Deductable at source for these services and in this case punter is liable to deduct this amount and pay it to tax office himself on behalf of WG.

Also it needs to be seen whether VAT paid to WG for punts during office hours are allowable to be refunded by punter or not. some tax men who is a member can surely put more light on this issue.

she would not have to be VAT registered if her turnover is under 77000.

you cant reclaim vat for entertainment so you could not claim for seeing a WG. Diccicult to see how you could argue a punt what incurred wholly in operation of a business.

She will have to pay NI as well as income tax.

but as lyd pointed out. This is f-all to do with the punter. a WG and her tax affairs are her worry and hers alone. My only issue is if a nice reg ends up in jail for tax avoidance and I am unable to see her :(

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The issue with regard to builders etc isn't about paying cash, it's about not getting a receipt. I don't, however, require a receipt after a punt because my accountant doesn't allow me to claim them on expenses, cannot convince him that they are a necessary business cost to prevent me going insane!

It is about paying cash as well - clearly if you're paying VAT you dont get receipt. I assumed that was taken as read. Nor is a new roof a legitimate building expense

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It is about paying cash as well - clearly if you're paying VAT you dont get receipt. I assumed that was taken as read. Nor is a new roof a legitimate building expense

depends if you work at home or have business premesis

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Until someone senior in this Government condemns the tax arrangements of Sir Philip Green - rather than inviting him to suggest ways the government can make further cuts - then their views cannot be taken seriously.

Sir Philip, despite being the clear man at the head of Arcadia, which owns Top Shop and BHS, has all the Dividend income from the businesses (one billion pounds one year) paid to his wife, who happens to be resident in Monaco.

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David Gauke was referring, in the Telegraph, to the payment of tradespeople. And three quarters of those surveyed appeared to think that paying in cash to avoid tax was fine. The article states that fewer than 10% consider cash payments to be immoral.

Had the scope of the study be widened to include the services of sex workers, I wonder how different the figures might have been. People judge harshly where sex is concerned.

Err, add electricians, window cleaners, plumbers, etc., etc., especially those, and this includes Escorts, of course, who are here legally, but are taking the money out of the Country to Poland, Hungary, Bulgaria etc.

I used to be a tradesman, but I can no longer compete with people, who also don't pay into a professional institution (£500 per annum) and probably have no liability insurance, nor a way of settling disputes...

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duplicate post

Edited by Vin DaLoo

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depends if you work at home or have business premesis

You know exactly what I meant

For the sake of clarity I meant paying cash when you knew you werent paying VAT to the builder or it knowingly wasnt being declared by the payee who didnt give you a receipt! And you dont get the VAT back nor is it a business expense if it's your home and youve never done a stroke of work there in your life!

AAgh

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Depends on your own view of morality of course. My view is as long as the WG is as adult and doing it of free will punting with her isnt immoral.

As to paying in cash, once i hand my money over its then the responsibility of the WG what she does with it, its got sweet fuck all to do with me.

This chinless twat was talking about knowingly striking a deal with a tradesman for a cash discount, i will strike the best deal i can in whatever way i choose within the law, again once i have handed it over its got nothing whatsoever to do with me, morally or legally what they then do or dont dont with it in my view. I dont say ensure you pay the correct taxes on it as a condition of me paying in cash, thats not for me to say as they should already know this and as adults make there own decisions. More stupid nonsense from a very stupid government.

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Until someone senior in this Government condemns the tax arrangements of Sir Philip Green - rather than inviting him to suggest ways the government can make further cuts - then their views cannot be taken seriously.

Sir Philip, despite being the clear man at the head of Arcadia, which owns Top Shop and BHS, has all the Dividend income from the businesses (one billion pounds one year) paid to his wife, who happens to be resident in Monaco.

Quite right. I wont be lectured to by this bunch of chinless arseholes, they if serious should be sorting people like Green out who avoids paying serious amounts.

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Treasury minister David Gauke reckons paying cash for stuff is immoral.

The price of petrol/diesel in this country is what is really immoral! :angry:

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Depends on your own view of morality of course. My view is as long as the WG is as adult and doing it of free will punting with her isnt immoral.

As to paying in cash, once i hand my money over its then the responsibility of the WG what she does with it, its got sweet fuck all to do with me.

This chinless twat was talking about knowingly striking a deal with a tradesman for a cash discount, i will strike the best deal i can in whatever way i choose within the law, again once i have handed it over its got nothing whatsoever to do with me, morally or legally what they then do or dont dont with it in my view. I dont say ensure you pay the correct taxes on it as a condition of me paying in cash, thats not for me to say as they should already know this and as adults make there own decisions. More stupid nonsense from a very stupid government.

quite. same as the girl has no responsibility how you came by the money. For all she knows it could be stolen, money laundered, or payment in cash to a punting tradesman.

and what about a girl who trades a half hour punt for fixing her washing machine. The tax system is ill equiped to tax barter.

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Is punting immoral? ... Blissfully so ;-))

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I would say punting is immoral but surely that makes it more fun.. Is taking cash for sex immoral... Blissfully so ;-)) x

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Sorry tried to edit on iPhone and it went unblissfully wrong haha x

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yes of course it is thats why I always use mastercard when I go to Sandys Superstars.

I hope you are joking!!!

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No punting is not immoral, it is a way of stimulating the economy. Girl is happy to get paid, guy releases all his pent up hormones through sex therefore less likely to be a twat for a few days. Win win if you ask me and very moral.

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David whatsisname treasury minister can bog right off.

Anyone wanting a job done... minor or major..... will be happy to hand over cash to any business person for a good deal on the work. I doubt David is any different or is he wearing a halo?

When the government stop taxing us twice on savings we have put by after earning the money which we are taxed on!!! then they can start making us feel guilty for

the immoral act of handing over real money. What a load of bollox.

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The issue with regard to builders etc isn't about paying cash, it's about not getting a receipt. I don't, however, require a receipt after a punt because my accountant doesn't allow me to claim them on expenses, cannot convince him that they are a necessary business cost to prevent me going insane!

Hold on.. I bought a paper this morning from the local paper shop. Paid cash and didnt get a receipt...

I bought lunch from a sandwich van and paid cash and didnt get a receipt...

Since cheque books are dying out and not eveyone has access to a portable chip and pin reader, (And some charge extra for that too and refuse for anything under a fiver) how are we supposed to pay for things?

If my garage quoted me 100 quid for a repair, and I pay him a 100 quid, the oblgation is for him to pay on the vat, not me.

Perhaps they should look at big businesses like Amazon and google who pay practically no tax rather than focus on the local plumber or electirician. Google and Amazon are successful and profitable, but I wonder if thats down to the tax they are allowed to get away with paying...

Edited by Overworked

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