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  • This part of the article is interesting:

    "All businesses have to report all turnover and as every local currency is tacked to sterling, every sale, whether paid for in cream cakes, polar bears or carrots must be reported to its sterling value, the HM Revenue and Customs says."

    Insofar as if we peg our currency to units of work, be they time or goal based then we could have grounds for saying that our currency is not related to sterling and is therefore not subject to taxation.

    There are one or two issues related to that just as a concept, but we'll ignore those for now.

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