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How many of you use cash? (lemmy.dbzer0.com)

submitted 3 weeks ago by Hansae@lemmy.dbzer0.com to c/askuk@feddit.uk

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Generally just curious how often people on here in the UK tend to use it. Personally I use it 95% of the time due to privacy concerns, easier budgeting & wanting to maintain its use. Most people my age (early to mid 20s) seem to find the concept alien & I've noticed younger cashiers are absolutely garbage at calculating change mentally.

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[–] SaveTheTuaHawk@lemmy.ca 2 points 3 weeks ago (1 children)

They prefer cash to evade taxes, same as small contractors.

[–] Gentryfried@feddit.uk 1 points 3 weeks ago (1 children)

What, small businesses? All small businesses in general?

I see it as they mainly do it just to avoid the small fee for card payment providers. I don't know if this exists for traditionak scanners but it's significant where i work, which uses Zello and Paypal.

But yes some places like cash so that they can more easily minimise taxable profits.

The tax evasion tricks at play aren't as bad as large corporations, and i don't ~~utilise~~ buy from businesses which are obvious money laundering fronts, so my conscience is clear. Allegedly (from business teachers at secondady school, who admittedly were wrong about a lot of things) so many small businesses do small things to minimise volume of taxable income, that it's not worth being concerned about.

Most probably can't be bothered, and don't drive the "cash please!" Thing too hard, so i think they deserve it... as a treat. And then there are other reasons cash is important to them, like facilitating change for old people and day labourers who use the business

[–] Flamekebab@piefed.social 2 points 2 weeks ago

Handling cash costs about as much as handling card transactions. It always annoyed me when I was working at conventions and people would assume that my business was better off with cash. Cash was a huge pain in the arse.