hughcolvin

I am selling an apartment I have had for several years in France. In euros I am not making any capital gains - I am selling the apartment for slightly less than I bought it so will not have to pay capital gains in France. I am bringing the money from the sale back to the UK to buy property here. Will I have to pay capital gains based on the fact that the I have made money because of the improved exchange rate from £s to €s since I bought or will HMRC calculate the gains based on the euro selling value. I hope that makes sense and any help appreciated!