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Rate of exchange for Tax Return

Posted by Jacquet-396835 - Created: 3 years ago
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4 replies (Showing replies: 1 to 4)

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Posted by Watty-794352 - 3 years ago

Thanks for that Brian.  It's nice to know that I can still do sums!

(I like to work it out for myself each year just to see if I'm right.) 

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Posted by Brian Stone - 3 years ago

Just received this advice from my tax office:

Nature de la demande : Demande non fiscale
Objet de la demande : Demande d’information pratique ou rendez-vous

Bonjour Madame / Monsieur

Monsieur,

Le taux de conversion pour 2014 : 1GBP=1.24023€
1€= 0.80630 GBP

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Posted by Watty-794352 - 3 years ago

This equates to 1.2839 which, I hope, is incorrect!  However I haven't yet contacted the tax office to confirm 1.2402 (0.8063). 

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Posted by suziepops - 3 years ago

Wrong.  At best people have been saying 1.24.  The rate you have quoted is the value of £ against the euro.  You want the value of the euro against the £.  To get the correct rate you must contact the tax office.