Official GBP - € Exchange rate 2017
Feb 22nd 2018, 12:18 pm
#1
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Official GBP - € Exchange rate 2017
Does anyone know the official GBP - € exchange rate at 31 December 2017 for Spanish tax return purposes, please?
Feb 22nd 2018, 1:39 pm
#2
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Re: Official GBP - € Exchange rate 2017
Originally Posted by stevesainty
Does anyone know the official GBP - € exchange rate at 31 December 2017 for Spanish tax return purposes, please?
https://www.bde.es/webbde/en/estadis...pos/tipos.html
Feb 22nd 2018, 3:19 pm
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Re: Official GBP - € Exchange rate 2017
If you are talking about income tax, the rate at the end of the year is irrelevant, you use the average rate for the year which is 1.413.
The year end rate is used for asset declaration on form 720 and it was 1.127
The year end rate is used for asset declaration on form 720 and it was 1.127
Feb 22nd 2018, 3:23 pm
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Re: Official GBP - € Exchange rate 2017
Originally Posted by Fred James
If you are talking about income tax, the rate at the end of the year is irrelevant, you use the average rate for the year which is 1.413.
The year end rate is used for asset declaration on form 720 and it was 1.127
The year end rate is used for asset declaration on form 720 and it was 1.127
Feb 22nd 2018, 3:24 pm
#5
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Re: Official GBP - € Exchange rate 2017
Correct - my mistake - it should be 1.1413
Feb 22nd 2018, 4:04 pm
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Re: Official GBP - € Exchange rate 2017
Thank you everyone, I am just gathering my figures together for my tax return later this year.
