Summary
Why will the currency lose value after six months? To try to revive the local economy by increasing the amount of money in circulation. Having a date by which consumers must spend their money means that it is kept in circulation.
What about small change? The notes can be purchased in four denominations (Pounds 1, Pounds 2, Pounds 5, Pounds 10). Where change of less than Pounds 1 is needed, sterling pennies are used.See the full content of this document
Extract
Your Guide to Using the Town's Own Currency
Taxation From a tax perspective, anything paid for i...
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