Broms Cobb Posted August 29, 2015 Report Share Posted August 29, 2015 A care home manager has been ordered by a judge to pay a total of £1,118.62 after he tried to settle an £804 debt to his accountant with five crates of mostly 1p and 2p coins. He had been to the bank especially, he said: be glad that you weren't behind him in the queue. So what did Robert Fitzpatrick, the care home manager, do wrong? This might come as a surprise, but according to the Royal Mint, 1p and 2p coins are legal tender only if you are paying for something costing 20p or less: once you have amassed 21 or more 1p pieces, your coins contravene the Coinage Act 1971 if used in a single transaction. Even if you are buying penny sweets. You can spend up to £5 in 5p or 10p coins, or up to £10 each in 50p and 20p pieces. Pound coins are legal tender for any amount, offering the chance for a frisson of defiance while staying on the right side of the law. So Mr Fitzpatrick should have paid with 774 £1 coins, 20 50p pieces, 50 20p pieces, 50 10p pieces and 100 5p pieces. Counting that lot would still be pretty annoying. • This article was amended on 16 May 2012. The original said the man was fined for attempting to pay a large bill with 1p and 2p coins. He was sued and ordered to pay a total of £1,118.62, including interest. The original headline referred to a tax bill, when it was an accountant's bill. kobblers and Mike at Vauxhall 2 Link to comment Share on other sites More sharing options...
Mike at Vauxhall Posted August 29, 2015 Report Share Posted August 29, 2015 Small note, if you are buying penny sweets. Could each sweet be considered a separate transaction, which means you could pay with pennies ad finitum. Link to comment Share on other sites More sharing options...
Count Muppet Posted August 29, 2015 Report Share Posted August 29, 2015 You would be lucky to find penny sweets these days. I think most of them will be at least 2p if not 5p Mike at Vauxhall 1 Link to comment Share on other sites More sharing options...
Mike at Vauxhall Posted August 29, 2015 Report Share Posted August 29, 2015 This is starting to sound like a sesame street episode you were on. Link to comment Share on other sites More sharing options...
Count Muppet Posted August 29, 2015 Report Share Posted August 29, 2015 Haha, yeah. I suppose counting that lot would be right up my street. Mike at Vauxhall 1 Link to comment Share on other sites More sharing options...
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