"tim..." wrote in message
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"johnt" wrote in message
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"Harry Bloomfield" wrote in message
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Jim K wrote on 29/07/2018 :
By encouraging tax evasion?
How did you arrive at that conclusion?
By 'cash' I mean funds in the bank, so 'cash' = cash and cards. Cash
available to use, means you can often get a 10% discount on a posted
price in a shop, especially true if they are offering interest free
credit on an item.
My understanding is that it is illegal to offer a discount in lieu of
Interest Free Credit.
It might be illegal for someone to offer an incentive to take up a credit
plan (can't be bothered to find out).
it most certainly is not illegal to offer an incentive not to.
Which isn't what I suggested.
The problem is that if Interest Free Credit is offered then it must be at
the price paid for the item. So if a discount is offered, then Interest Free
Credit must be offered on that discounted price also.
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JohnT
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JohnT