Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Tue, 24 Sep 2024 14:43:47 GMT by Reijo Koverskoi
Hi, I have sold a property abroad this September 2024. Firstly, my understanding is that I can report the CGT in my self assessment for 2024/25. Secondly, can I use the same HMRC Euro/GBP exchange rate for the sales and purchase. Please note that the purchase was about twenty years ago. Any help is appreciated.
Posted Wed, 02 Oct 2024 09:42:50 GMT by HMRC Admin 25 Response
Hi Reijo Koverskoi,
Yes, you will report this in your tax return.
You need to use the exchange rates for the tax year the house was bought and again then sold. HMRC rates are at: 
Exchange rates from HMRC in CSV and XML format
Thank you. 
Posted Tue, 29 Oct 2024 09:08:38 GMT by Reijo Koverskoi
Hallo, trank you for the reply. However, HMRC does not have 20 year old exchange rates. So what rate should I use. Thank you in advance.
Posted Tue, 05 Nov 2024 10:00:08 GMT by HMRC Admin 21 Response
Hi,
You can check the archive for older dates -
https://webarchive.nationalarchives.gov.uk/ukgwa/20100202113554/http://www.hmrc.gov.uk/exrate/index.htm.
Thank you.

You must be signed in to post in this forum.