Do I Need to Declare Cash with My Accounts?
I have a property maintenance business, im currently doing my accounts, some jobs i have been paid cash but i have'nt put this into my bank….. my income and outgoing just break even in my personal bank account (i have no business account at the moment)
so should i declare i have been paid cash on some jobs? I have sent invoices off to certain companies and they paid me cash on some jobs and some cheques, he cheques went into the bank…..
Suggestion:
No one really has to do anything. However, if you want to keep it legal you should declare it.
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