ihouse998

Example figures: (the amounts do not matter - my question is whether the gain or loss is calculated on the USD values, or the GBP values). Eg: 110,00 units of USD Bond: Bought in Feb 2014 at 100.925. Cost = $111,017 = £67,653.58 (XR = 1.64097 USD/GBP) Mature in Oct 2023 at 100.000. Value= $110,000 = £88,524.14 (XR = 1.24260 USD/GBP) Is Capital Gains chargeable amount... .. calculated on USD $ amount (ie. $1,017 LOSS?) or calculated on GBP £ amount (ie £16,439.40 GAIN?) The broker automatically transferred USD amounts received, in to GBP. If this is covered in the guidance, can you please point me towards the exact location in the guidance. (I couldn't find it) If this is not covered in the guidance, please advise me, or help me find someone who can guide me. Many thanks for any help or guidance.