Image - Courtesy of The Royal Mint Website
If you handle cash in your business, you need to be prepare for the introduction of the new £1 coin in March 2017.
The new 12 sided shaped £1 coin is being introduced as legal tender in March 2017 when it will be in circulation with the current round £1 coin. Both coins will operate as legal tender for 6 months and in the Autumn of 2017, the current round style will be taken out of circulation and will no longer be legal tender.
If you trade at craft fayres and other outlets where you take cash, do be aware of this so you are not caught out. For more detailed information, please visit the Royal Mint information sites at: www.thenewpoundcoin.com/ or for a downloadable PDF document