James Lawrence
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RE: UK Capital gains tax on shares purchased whilst non tax resident
Hi - Similar question but relating to the FX rate to use, Currently UK resident who sold USD denominated shares last year that were acquired / vested while i worked abroad for a foreign entity, When calculating tax liable, to identify the aquisition GBPUSD FX rate, can I use the rate at the point I became a UK resident. Seems illogical to use the rate of the acquisition date as GBP had no relevance to my equity or income at that point in time? Many thanks