We have seen the announcement of the the new obligation for AE to have a separate bank account. Before I burden my bank, I just wondered if anyone had heard either of the possibility of this ridiculous idea being thrown out, or of a legitimate way round it?
Why am I saying ridiculous? Consider the facts of my situation :
1. Total turnover 2014 just over 11 000€ - only a small extra activity in semi-retirement, which I was happy to declare and keep legal with cotisations etc. Likely to reduce, not increase, as age creeps on.
2. Of that, only 4 500€ came in by cheques, and therefore went to the bank. Surely even they are not daft enough to want me to walk to the bank with bundles of small notes, and then go back the next day to withdraw it for spending? So in no sense can it be an extra confirmation of the amount declared honestly on the quarterly return.
3. Despite the small scale, both cheque book and bank card would be needed because of the different ways of buying the stationery, books, minor equipment which are my expenses. But no more than c. 20 transactions per year - what a waste of effort. The bank will love it.
4. Still on the outgoings - since NONE of the outgoings are allowable anyway, why could it possibly matter to the authorities how much I have paid and to whom and for what?
Thinking more widely than my own situation, I think the saddest thing is that having invented an easy way to encourage people to legitimise activity, they are now adding so many administrative requirements (you know the others) that they are simply pushing people to say "Oh *** it, I'll just stay on the black".
Any helpful comments?