"Rod Speed" 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.

No it is not.

Yes it is! If you offer interest free credit you are not required to state
an APR (because it is zero). But if you reduce the price for immediate
payment in full you are creating a different pricing structure. Unless you
offer ifc on the reduced price you are required to state the APR, which
would be based on the discounted price.
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JohnT