World Wide scale rates have not been updated for several years, during which time sterling has collapsed in value against some currencies, but increased against others.
Will HMRC have a problem with calculating a sterling equivalent overnight rate based on the FX rate when the Scale Rates were last issued, rather than spot?
This means that someone going to Ukraine could get more than a tin of beans per day !
If anyone thinks I need a special dispensation to do this then your feedback would be appreciated.
Thanks,
Dave-A
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