These traders who suffer in silence from the stoppage of the “black”

by time news
The temptation not to declare the entire turnover to the tax authorities was made possible by the high proportion of payments in cash. Nebojsa.Markovic/Nebojsa – stock.adobe.com

SURVEY – More and more customers shunning cash, some businesses must review their organization.

Restaurateurs, shopkeepers, craftsmen, taxis… For a long time, these professions were known for not declaring all of their turnover to the tax authorities. A temptation made possible by the large proportion of cash payments. The ace. As more and more customers shun cash, these merchants sometimes have to review their organization.

After thirty years of experience in the restaurant business, Mickael witnessed the upheaval caused by the virtual abandonment of the “black” in the sector. “Customers are paying a lot less in cash than a few years ago, recognizes this fifties, today at the head of a restaurant in Ardèche. Before, a small part of the employees’ salary was paid to them directly in cash. This is no longer possible today.» His establishment saw the share of its turnover made in cash fall from 12% in 2018 to 3% this year.

The increase in the ceiling for contactless payments, from 30 euros to 50 euros in May 2020, accelerated the abandonment…

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