Accountant in Leeds, UK
Thread poster: Faustine Roux

Faustine Roux  Identity Verified
United Kingdom
Local time: 09:31
English to French
Apr 27, 2013

Hi,

Does anyone know a good accountant in Leeds, UK ? Especially someone who could help me understand how to declare the money I receive in foreign (non sterling) currency ?

Feel free to answer me here or privately.

Thanks in advance !


 

Cristina intern  Identity Verified
Austria
Local time: 10:31
Member (2008)
German to Italian
+ ...
Link of The Institute of Chartered Accountants Apr 28, 2013

Faustine Roux wrote:

Especially someone who could help me understand how to declare the money I receive in foreign (non sterling) currency ?


Please have a look at this link of The Institute of Chartered Accountants in England and Wales about "Foreign currency issues":
http://www.icaew.com/~/media/Files/Technical/Tax/Tax%20news/TaxGuides/taxguide-4-11-foreign-currency-issues.pdf


 

Faustine Roux  Identity Verified
United Kingdom
Local time: 09:31
English to French
TOPIC STARTER
... Apr 28, 2013

Thank you Cristina,
but unfortunately, I think this document is a bit too complicated for me...


 

Cristina intern  Identity Verified
Austria
Local time: 10:31
Member (2008)
German to Italian
+ ...
Declare the money credited to the beneficiary account (your account) Apr 29, 2013

You have to declare the money credited to the beneficiary account (your account), which may be less than what was paid due to bank fees and exchange rate.

 

Faustine Roux  Identity Verified
United Kingdom
Local time: 09:31
English to French
TOPIC STARTER
... Apr 29, 2013

Thank you, Cristina.

This is what I've been doing so far, but I seem to remember that it should be a bit more complicated than that. I read a thread here somewhere about that, but I can't find it anymore.

Will keep doing things simply, then.

Thanks again!


 


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Accountant in Leeds, UK

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