Hi,
I am trying to complete my self assessment capital gains tax section online.
I live and work in the UK for a US company.
I was given shares in US$ and sold them in US$ but need to enter both the cost of acquisition and the disposal value in £pounds.
Therefore i will need to apply an exchange rate.
I see that HMRC has official exchange rates:
Yearly Average
Spot Rates
Monthly average
What exchange rate should I use out of these 3? They vary so would i be able to use the one that gives me the best outcome?
Thanks
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