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How to convert euros into sterling.
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Posts: 518 Forumite
in Cutting tax
Some funds in saving account in euros and want convert into sterling at 2010 exchange rate where can if find a easy way do this as I am not good at maths.
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Comments
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http://www.x-rates.com/calculator.html
This should help - make sure that you use the hyphen or you will need to be over 18!0 -
Thanks, that was very simple to use even for a thick person like me;);)0
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For tax reasons (since we are in the "Cutting Tax" section), it is best to use HMRC's rates:
http://www.hmrc.gov.uk/exrate/You wanna hear about my new obsession?
I'm riding high upon a deep recession...0 -
HMRC rates are averages. For many transactions one is required to use spot rates.
Don't overlook that until 5 April 2012 gains made on foreign currency are chargeable to UK tax.0
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