Dáil Éireann Debate, Tuesday - 6 February 2018
152. Deputy Alan Kelly asked the Minister for Finance the sterling to euro exchange rate applicable to the declaration of foreign salary received by a person on 23 October 2017 for the purposes of completing the Revenue Commissioners' form 12 process online; and if he will make a statement on the matter. [5920/18]
Amharc ar fhreagraI am informed that Revenue publishes the Annual Average Euro Reference Exchange Rates, as supplied by the Central Bank, annually by way of an eBrief. The annual average sterling to euro exchange rate for 2017 was GBP £1 = €1.14068. Where income is received on a particular date, the taxpayer may choose to use the daily exchange rate for that date, as supplied by the Central Bank. The sterling to euro exchange rate for 23 October 2017 was GBP £1 = €1.12246. I am advised that the 2017 average exchange rates will be published shortly by Revenue.
