The hardest part of leaving the cash economy can be the expectations of loyal customers.
- Director of Studies, Loughborough University
The government’s U-turn will disappoint many workers – and it’s not enough make life easier for employers.
Some small firms deliberately choose not to grow – and bring in more money for the country – because of the complexities.
Low rates of pay, often combined with buying their own equipment, can leave apprentices with no choice but to do cash-in-hand work.
It’s often seen as harmless, but new research shows small business owners can feel compromised by requests to “lose the VAT”.
There are social benefits to being off the books.
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