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RockyMcNuts
on Feb 24, 2012
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“What’s the waiter doing with the computer screen?...
Flip side is it's harder for the owner to skim and not pay taxes. Quite a few places are cash only, paper receipts, no electronic trail for that reason.
sliverstorm
on Feb 24, 2012
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Eh, if your revenues are up 30%, you're probably coming out ahead even if you used to evade tax on 100% of your revenue.
swombat
on Feb 25, 2012
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Not necessarily... UK VAT is 20%, and so is Corporation Tax.
Between the two, you need a lot of extra income to make up for the tax!
rhizome
on Feb 24, 2012
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Those owners are unlikely to buy computer POS type systems in the first place.
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