I emailed the Cyprus Tax Office this morning to ask what the sterling to euro exchange rate is for 2019. The reply is below:
Dear Sir,
The exchange rate for the euro to the sterling pound issued by the European Central Bank is -
. 0.8508 as at 31.12.2019
. 0.87777 average for the year 2019
You can use either to convert taxable income from sterling pound to euro to
complete your tax return.
Income Tax Exchange Rate 2019
Re: Income Tax Exchange Rate 2019
UKForex gives the exact average yearly exchange rate £ to € as 1.139727 so depends how many decimal points you want o go to!
- mike strand2
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