Business: Money
Lords · Question HL168 · Tabled 19 Jul 2024 · Treasury · Official record
Answered 29 Jul 2024
Question
Asked by Lord Bradshaw
To ask His Majesty's Government what action they intend to take to ensure that businesses trading on a cash-only basis are paying the required tax.
Answer
Answered by Lord Livermore, 29 Jul 2024
The government is committed to creating a level playing field for all sectors by ensuring that everyone pays the right amount of tax at the right time. Like all other businesses, those which exclusively accept cash must meet their tax obligations. Cash is...