• Robin Bird @adler Cowley - updated 3y

    An Interesting Sum

    Having just received my Interest Certificate from the bank telling me that for the last tax year they had paid me the princely sum of £1.68 in interest.
    Out of interest I calculated what my average monthly bank balances were found that if inflation had been only 3% I "lost" £371 of value. Just shows that it doesn't pay to keep assets in cash.
    Keep it a secret but of the £1.68 but I owe the Tax Man 16.8p in unpaid tax which he can have if he calls round and collects it.

    This discussion is now closed.

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