Finance - Tax return- Converting

[keithgwmarsden]

My income is all from UK. I have to covert into euros, and my local tax office have told me to use 1.76 to the . This means a loss of appropx. 15%. I have not seen such a rate in two years, the highest being 1.63. Any comments. There must be many who have submitted tax returns. Info most appreciated.

[BJSLIV]

Here is graph of the exchange rate
http://fx.sauder.ubc.ca/cgi/fxplot?b=GBP&c=EUR&rd=*&fd=1&fm=1&fy=2001&ld=31&lm=12&ly=2004&y=daily&q=volume&f=png&a=lin&m=0&x=

I ask the basis on which the rate is calculated, or just calculate my own weghted average.

PS You will have to copy and paste the link.

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In 2002 the form 2047 had accompanying notes 2047 NOT - Notice pour remplir la dclaration des revenus encaisss l'tranger. The first section, Aplications Gnrales, has as its second point the following:
Revenus Encaisss en Monnaie Etrangre
Si les revenus ou benfices en cause ont t encaisss en monnaie trangre, ils doivent tre dclars pour leur contre-valeur en euros, calcule d'aprs le cours du change Paris au jour de l'encaissement (rception en espces, inscription au crdit d'un compte, etc. )

[keithgwmarsden]

Many thanks to all for your prompt replies. Really useful information. Further question, anyone in 62had dealinmgs with Montreuil office.