Cash on the decline
Posted by mostafa on 1 December, 2015
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This item was filled under Tax
HMRC are carrying out research on the role of cash in facilitating non-compliance and how this may change. As well as analysing internal data from evasion and hidden economy compliance work, HMRC have commissioned external social research into how businesses and consumers use cash and non-cash alternatives in transactions.
HMRC state that, according to statistics …