We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Declaring foreign income on self-assessment
aroominyork
Posts: 3,804 Forumite
in Cutting tax
Can someone please guide me on how to show foreign income on a self-assessment return? Is the amount included in the Sterling total, and if so how should the Sterling equivalent (of Euros) be calculated?
0
Comments
-
Just found the answer in HMRC's community forum. Use the conversion rate at time or conversion OR HMRC's monthly rates OR their annual rate. The annual rates are at https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1073144/Yearly-average-31.3.22.csv/preview, so £=€1.174183
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards