TheLastBeep
Registered User
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- 30
Hi,
Question of exchange rate for CGT calculation. I sold some shares from a UK share scheme this year. Shares were purchased in 2016, when sold this year the proceeds were payed directly into my Irish account so I know the exact amount received.
My query is, what exchange rate do I use to calculate the purchase cost? I know the share price in £ at the time of purchase, so do I use an estimated exchange rate at the time to convert to € or do I use the exchange rate as of today?
Thanks for any help.
Question of exchange rate for CGT calculation. I sold some shares from a UK share scheme this year. Shares were purchased in 2016, when sold this year the proceeds were payed directly into my Irish account so I know the exact amount received.
My query is, what exchange rate do I use to calculate the purchase cost? I know the share price in £ at the time of purchase, so do I use an estimated exchange rate at the time to convert to € or do I use the exchange rate as of today?
Thanks for any help.