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Forum: Australia

Jan 4th 2011, 11:08 am

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

That's only because I shifted some money yesterday! :lol:

Forum: Australia

Oct 25th 2010, 2:05 pm

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

At about $1.40 I'm afraid...and the pain will lessen but not much over the next two years. The things will get back to about 2:1

At the mo, I leave my UK income there and buy from the UK on the...

Forum: Australia

Jul 19th 2010, 10:07 am

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

It is entirely confusing....I THINK and only think that should for some reason the exchange rate suddenly hit 3 to the pound then there may be some consequences. Trouble is, ATO hasn't set a norm....

Forum: Australia

Jul 19th 2010, 2:11 am

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

http://www.ato.gov.au/businesses/content.asp?doc=/content/34043.htm&pc=001/009/015/002/002&mnu=&mfp=&st=&cy=1

This is the ATO information....it's there but unlikely to affect anyone but I was...

Forum: Australia

Jul 16th 2010, 1:27 pm

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

anything over that amount. I'm no expert but my tax agent did mention this in passing, so there is a rule out there somewhere.

Forum: Australia

Jul 16th 2010, 1:04 pm

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

My understanding is that there is a tax on extra profits made on a high exchange rate (which is not specified) if it is more than $250,000.00 - soooo, wont apply to many I guess.

Forum: Australia

Jul 4th 2010, 1:57 pm

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

Did Gordon know what he was??????

Forum: Australia

Jul 3rd 2010, 2:25 pm

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

-

Forum: Australia

Jul 3rd 2010, 2:13 pm

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

Just an aside:

From the UK Telegraph:

In a move that removes any doubt about the Coalition's view on joining the European single currency, the Euro Preparations Unit (EPU) of the Treasury...

Forum: Australia

Jul 3rd 2010, 6:48 am

Replies: 2,577

1.93's A$ to the Pound!!!

Views: 335,040

Posted By Sherlock Holmes

Re: 1.93's A$ to the Pound!!!

US $ 1.5205 +0.00 +0.001
Euro 1.2131 +0.00 +0.003
Yen 133.4801 +0.04 +0.000
Swiss Franc 1.6166 +0.00 +0.000
Canadian $ 1.6161 +0.00 +0.001
Australian $ 1.8069 +0.00 +0.001
NZ...

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