Search results

  1. J

    Exchange rate on internationally paid expenses

    Thanks Paul. JB
  2. J

    Exchange rate on internationally paid expenses

    Further to this, when I am accounting for funds in an overseas currency on my tax return - do I have to take the spot rate each day for every entry in the revenue/cost columns, or do I base the exchange rate on the total profit/loss over the financial year? Thanks JB
  3. J

    Exchange rate on internationally paid expenses

    Thanks Paul. JB
  4. J

    Exchange rate on internationally paid expenses

    Hi Terry, to be clear, it was paid in AU$ but for an expense which would be accounted for in the accounts of my UK property, in which everything else is accounted for in GB?. I'll have a look on the ATO website for exchange rates thanks. JB
  5. J

    Exchange rate on internationally paid expenses

    Bit of a grand thread subject! I recently had to pay an expense on my UK investment using AU$, in Australia. (Unusual, but a one-off) When I am accounting for this, what exchange rate should I use? Would a day spot rate from say Oanda.com be OK? Thanks JB
Back
Top