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Forex rates for tax.

Forex rates for tax.

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Old Feb 21st 2018, 8:48 am
  #1  
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Default Forex rates for tax.

https://www.bportugal.pt/conversor-moeda

The above is a link to official bank exchange rates for tax purposes if you require to convert £ to € or any other currency.
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Old Feb 21st 2018, 10:59 am
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Default Re: Forex rates for tax.

Originally Posted by Ukkram
https://www.bportugal.pt/conversor-moeda

The above is a link to official bank exchange rates for tax purposes if you require to convert £ to € or any other currency.
Is that the commercial rate not what you actually get in Euros as income?
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Old Feb 21st 2018, 12:09 pm
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Default Re: Forex rates for tax.

That is the bank rates for the day probably a feed from the EU Central Bank. I use it to convert my income that is paid into a South African bank account.
The amount paid into the account on that date must be converted to Euro for PT tax.
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