converting GBP to NZD
Hi
Does anyone know if there is a time limit for people to convert GBP to NZD as i was told you get taxed on your GBP funds after a certain time. We were thinking of leaving it in our offshore sterling account until the rate improves, not that we're going for another two years so hopefully by that time we won't have to worry too much about the low rate.:) |
Re: converting GBP to NZD
Originally Posted by fitzandindiana
(Post 8407593)
Hi
Does anyone know if there is a time limit for people to convert GBP to NZD as i was told you get taxed on your GBP funds after a certain time. We were thinking of leaving it in our offshore sterling account until the rate improves, not that we're going for another two years so hopefully by that time we won't have to worry too much about the low rate.:) |
Re: converting GBP to NZD
Originally Posted by fitzandindiana
(Post 8407593)
Hi
Does anyone know if there is a time limit for people to convert GBP to NZD as i was told you get taxed on your GBP funds after a certain time. We were thinking of leaving it in our offshore sterling account until the rate improves, not that we're going for another two years so hopefully by that time we won't have to worry too much about the low rate.:) With GBP continiung to trade at a lower and lower levels against the NZ$ who knows what might happen. The low of $2.50 that started a seperate thread on this or another forum seems like dreamland at the mo :frown: |
Re: converting GBP to NZD
Thanks for your replies, lets hope in all that time it can reach 2.50 again! We can dream anyway:)
Where abouts in Sheffield are you from? We used to live in Sheffield before moving to Isle of Man 11 years ago. |
All times are GMT. The time now is 10:15 pm. |
Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.