OP
Knobhead
All my scrappy wants is a business name and contact info.
Is it the same for every one that goes to this one yard? Or recognised local piKey's only?
Discuss New rules that will affect all who, from time to time use scrap yards.. in the Electricians' Talk area at ElectriciansForums.net
All my scrappy wants is a business name and contact info.
I suppose I'll need a waste carriers licence next?
I don't carry any waste, its a commodity in my eyesoliceman:
HMRC will not need any new rules to tax it. They'll simply class it as another revenue stream and when it's your turn to be investigated you'd better make sure it's going through your records.If on the other hand they levy taxation on it almost immediately , My suspicions will be proven correct, then mines a fosters
ITS THE PART P OF SCRAPPERS!!......Hi all, hope your having a good month and hope this news doesn't spoil it a little.
Unsure if many of you are aware of some information I found out recently which may affect some of you if not all from some time or another.
I have been overseas for a while and not had to use scrap yards to weigh in cut offs for a coupe of years.
Iwent last week to one and was told I needed an account, for this I needed photographic ID, proof of address and my reg number.
I opened an account and was paid.
I chatted to the dealer who told me he has heard on the industry grapevine that as of dec 3rd it will be illegal for scrap yards to make cash payments for scrap metal, they can pay by cheque or BACS only.
Any person caught dealing , buying in cash faces penalties and up to 6 years imprisonment.
The government has not announced it yet but these rules will come into effect Dec 3rd.
So, in a nutshellell from December any scrap you weigh in will be traceable and come end of year, HMRC will be wanting their cut.
Another blatant move by the establishment to tax the crap out of something else, so if you have anything to sell, do it before December.
hope this helps anyone who hasn't heard about the changes.
Again my apologies if your as outraged as I was when I heard this.
Reply to New rules that will affect all who, from time to time use scrap yards.. in the Electricians' Talk area at ElectriciansForums.net
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