Could cash in hand payments become a thing of the past for Yorkshire tradesmen?

Many tradesmen up and down the country accept cash in hand payments for their work.
PIC: Ian Nicholson/PA WirePIC: Ian Nicholson/PA Wire
PIC: Ian Nicholson/PA Wire

But under new Government proposals announced by Chancellor Philip Hammond in the Spring Statement, large cash payments to tradesmen could be banned in a bid to crack down on tax evasion.

It is thought that £3.5 billion in tax could be secured from the UK's 'hidden economy', if the proposals go ahead.

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Another option is that plumbers, builders and other tradesmen could be forced to issue receipts for all of their work, providing a written record of jobs carried out.

Other countries already have limits in place. France, Spain and Belgium have a limit of up to £13,000, and the UK is now looking at the possibility of following a similar system.