Benefiting from Exchange Rate
#1
Just Joined
Thread Starter
Joined: Mar 2010
Posts: 10
Benefiting from Exchange Rate
Does anyone have any idea???????
If the exchnage rate has changed so much from when I left the UK which results in a good profit on the same amount of currency when I convert back to sterling, is it taxable anywhere???
If the exchnage rate has changed so much from when I left the UK which results in a good profit on the same amount of currency when I convert back to sterling, is it taxable anywhere???
#2
Just Joined
Joined: Apr 2008
Location: Mount Pleasant, South Carolina
Posts: 16
Re: Benefiting from Exchange Rate
Hey,
I just posted this in the USA forum, http://britishexpats.com/forum/showthread.php?t=659637
It does not relate directly but it may be of interest and save you some big money. Also if you contact Ashley Ingle at Excel Currencies (website link in article) he may know or be able to tell you who to contact.
Good luck.
Alan
I just posted this in the USA forum, http://britishexpats.com/forum/showthread.php?t=659637
It does not relate directly but it may be of interest and save you some big money. Also if you contact Ashley Ingle at Excel Currencies (website link in article) he may know or be able to tell you who to contact.
Good luck.
Alan