Clancy Moped
Well-known member
New rules as of 10th July, I suspect it will be easily circumnavigated....
Maximum Amount You Can Pay In Cash
Maximum Amount You Can Pay In Cash
Do you pay in cash for boat repair in Spain?
- Thread starter Clancy Moped
- Start date
Concerto
Well-known member
Just another screw from the Spanish tax authority to make all transactions traceable and kill a black economy. If it is like most EU states, citizens will just ignore it and continue doing what they have always done.
A relative bought a property in Spain 2 years ago and the sellers wanted the whole payment made the traditional way - in cash. It took a lot of negociation before they accepted a bank transfer. Hence the comment above.
A relative bought a property in Spain 2 years ago and the sellers wanted the whole payment made the traditional way - in cash. It took a lot of negociation before they accepted a bank transfer. Hence the comment above.
Daydream believer
Well-known member
I wonder if payments can be made in bitcoins?
Stemar
Well-known member
No, according to the link - nothing where the payer or payee cannot easily be identified.
If they're serious, there'll be a small army of tax inspectors trying to pay cash and issuing fines if you accept. All they have to do is offer a commission to employees of the Spanish tax office and they'll double their tax revenues overnight
If they're serious, there'll be a small army of tax inspectors trying to pay cash and issuing fines if you accept. All they have to do is offer a commission to employees of the Spanish tax office and they'll double their tax revenues overnight
colind3782
Well-known member
It's been a max of €1500 in cash in Spain for a few years now.
Clancy Moped
Well-known member
It was/is €500 per day in Greece, €1500 jobs were paid over 3 days, simple..
Stemar
Well-known member
Or simply didn't go on the books
Alicatt
Well-known member
It's been €1000 in Belgium for a lot of years now.
Plus they are not accepting 5c, 2c and 1c coins in shops in Belgium and of course they round everything up
They are trying to force everyone into paying by card so they can trace every transaction.
Still, there is a lot of zwart werk (cash in hand) going on but they are closing down the avenues that you can pay cash making it less attractive to get cash in hand.
Of course with the HORECA (HOtel REstaurant CAfé) trade closed for the last year a lot of black money is sitting un-used under matrasses.
Plus they are not accepting 5c, 2c and 1c coins in shops in Belgium and of course they round everything up
They are trying to force everyone into paying by card so they can trace every transaction.
Still, there is a lot of zwart werk (cash in hand) going on but they are closing down the avenues that you can pay cash making it less attractive to get cash in hand.
Of course with the HORECA (HOtel REstaurant CAfé) trade closed for the last year a lot of black money is sitting un-used under matrasses.
Elessar
Well-known member
My boat before this one was bought for cash in Spain. The guy had a machine for checking it and counting it at speed, like in a bank. The machine looked well used too.