Hoarding cash

[boulonbleu]

is it illegal to hoard cash at home in the UK?

[sara3]

absolutely ;o)

[spacedcase]

is it illegal to hoard cash at home in the UK?

Why how much have you got, Whats your address, And what time are you usually out?

[Androcles]

Here is a message from HMRC - do not give your personal details to spacedcase - he is planning to rob you. Just send the money to us so it can be put to good use....

[spacedcase]

lol!

[Whoever]

Not illegal but not very sensible as it could be stolen or destroyed in a fire. If it's legally gained/earned money, and you're a taxpayer, it's far more sensible to use your £5100 (£7100 in April 2010) ISA Cash Allowance or put it into National Savings Certificates if you don't want to pay tax on the interest. At least that would help ward off inflation. If you hoard the money under your mattress it will be worth less every year due to inflation,

[S_C]

You are entitled to hold your money , however i would advice checking your house insurance for quantity they cover in " cash " held in property .

simply because you never know when your house is likely to be victim thieves or worse yet a house fire.
most insurance companies have a limit between £1000 to £1500 cash on property . so hording your money at home above this limit could be your own undoing.

[windywillow]

Or a burglar could be burgling your home and accidentally set it on fire in the process. How unlucky would that be?

[Dee Sa]

where do u live? an address would be helpul [ only joking!]