Posted by Gary Mackley-Smith on January 19, 2018
The paper £10 note which features the naturalist Charles Darwin on the back will be withdrawn from circulation on 1 March 2018.
From that date only the new plastic £10 notes, with author Jane Austen on the back, will be legal tender.
Charles Darwin’s theory about extinction and its role in evolution was that a species would become extinct due to its failure to compete with other species.
Now, Darwin himself is to be made extinct as his tenner is terminated in favour of the competition featuring the first female writer to appear on a bank note.
The Bank of England says it will continue to exchange the paper Darwin £10 notes, first issued in 2000, after 1 March.
Jane Austen’s £10 note is, according to the Bank of England, harder to counterfeit and will last much longer than the paper version, thus prolonging survival of the new species.
Anyone who has Darwin notes in their possession will need to spend them or take them to the bank.
Some may choose to gift them to charity. The Gift Aid Small Donations Scheme (GASDS) allows charities to claim a gift-aid style top up of 25% on cash donations of £20 or less without the need for a written gift aid declaration from each donor.
Retailers and businesses can download a paper £10 note withdrawal poster from the Bank of England website, or order hard copies using an online order form.
Here you can download Bishop Flemings document about the cash basis for the self employed.
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