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Post by mangetout on Apr 23, 2022 11:34:04 GMT 1
What rate is everyone using this year? I calculate it as 1.16.
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Post by woolybanana on Apr 23, 2022 12:51:43 GMT 1
1.15
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Post by pcpa on Apr 23, 2022 13:21:37 GMT 1
Use whatever you like & could justify in the unlikely event you would ever be asked, all you declare is the amount in Euros and not how you calculated it.
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Post by limousinlady on Apr 23, 2022 13:56:59 GMT 1
Connexion suggests 1.1499, so we used 1.15 for simplicity.
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Aardvark
Non-gamer
Living in soggy 22 and still wondering what's going on.
Posts: 2,172
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Post by Aardvark on Apr 23, 2022 17:19:00 GMT 1
I have always used the rate on the individual days it was paid into my account as published by the Banque de France, then total up the euros for the year. I did this after hearing so much confusion handed out by various tax offices thoughout the country. Typical inconsistency.
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Post by another on Apr 23, 2022 17:24:00 GMT 1
Use whatever you like & could justify in the unlikely event you would ever be asked, all you declare is the amount in Euros and not how you calculated it. Exactly! You can declare what you received converted to Euros at the exchange rate on that day, it's not rocket science. Alternatively IF your local tax office officially publish an average then you can legitimately calculate against that then compare to the Euros you actually received and use whichever is to your advantage.
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Veem
Member
Posts: 11,993
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Post by Veem on Apr 27, 2022 15:55:17 GMT 1
I tried to email the local Maison des Impots as I have done for years, but that wouldn't work this year so I followed the advice and emailed Angouleme. They said it would be quicker to send a secure message via impots.gouv.fr I did that and later found a reply in the messagerie quoting a rate of 1.14989. Today I have had an email response from Angouleme quoting 1£ = 0,86965€. Too good to be true? I wonder how far I'd get if I tried submitting our return using that rate.
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Post by pcpa on Apr 27, 2022 19:24:07 GMT 1
They would not notice, you do not declare what rate you use.
The two rates you quote are exactly the same (reciprocal calculation) except they have transposed the £ and €, the tax inspector who oversaw my first return made exactly the same error, I thought it may have been a test so I politely informed him that he had got it wrong to my advantage, having dealt with him in subsequent years I am pretty sure that it was a test.
If I had recieved it in writing by E-mail I would have no hesitation in "unwittingly" using their figure, as I said you just decalre the amount in Euros and not what the calculation was.
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Veem
Member
Posts: 11,993
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Post by Veem on Apr 27, 2022 19:51:48 GMT 1
pcpa said 'The two rates you quote are exactly the same (reciprocal calculation) except they have transposed the £ and €'
I didn't do the sums, but realised that was almost certainly what had happened. In the past I actually have always sent a photocopy of the Impots' email to me quoting the rate, but online that's not so easy. I don't think I'll risk trying using the lower rate. It's bad enough filling in the return, without perhaps having to do it twice.
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Post by pcpa on Apr 27, 2022 22:27:26 GMT 1
Up to you but they would never know except for perhaps if your income is fixed and is the same every year, as the same inspecteur remarked to me once "if we were talking about another couple of zeros on the end of your declared resources I would be putting you through the mill but you are of no consequence or interest"
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ibis
Banned Member
Posts: 1,376
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Post by ibis on Apr 27, 2022 22:44:17 GMT 1
$1,05 - €1 today... Sad for the war but this is very good....
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