To get the best possible experience using our website we recommend that you upgrade your browser to a newer version. The upgrade of Internet Forex is free. If you're using a PC at work, you should contact your IT administrator. Alternatively, you can also try using other modern web browsers like Google ChromeFirefoxand Safari all of which are free to download and use! Log in or Sign up. Community-powered support for Sharesight. Overview Topics Products People Change log. All Topics Questions Ideas Problems Praise Updates New Topic. All Topics Questions Ideas Problems Praise Updates. Get Monthly uses Javascript and cookies. You'll need to enable Javascript rates cookies to participate. Did you know that your browser is out of date? Create a monthly topic About this Question 4. Official Representatives Andrew Bird Director. Help get this topic noticed by sharing it on Twitter, Facebook, or email. David Gust March 10, Why don't you use the ATO specified foreign exchange rates? Hello my name is David Gust and I have subscribed to Sharesight. I own some foreign shares and am in the process of doing my tax return. My question is why do you not use the FX rates published by the ATO? Andrew Bird Director March 10, My reading of the ATO guidance is that it is not necessary to use their exchange rates. The rates from Sharesight should be fine as they are the spot rate on the day of the transaction and from a reputable source. I believe the ATO would accept these rates. Alternatively, you can use appropriate exchange rates provided by a banking institution operating in Australia including, where relevant, the banking institution through which your foreign income is received. You can also use rates published by another reliable external source. The rate used and the source of ato should be kept with your records. Where your receive a foreign dividend or other income that is translated into AUD by the bank or registry rates you should uses this rate, which again will be accepted by the ATO. This will not necessarily match the ATO rate. Lulu March 10, Hi David, We source our FX rates from European central bank. It is not required to use the ATO published rates if we can source the spot rates; and we also have some technical concerns with using ATO rates. To name a forex Edit Your Reply some HTML allowed What's the status of this question? Acknowledged In progress Doesn't need answer Answered. How does this make you feel? I agree that it is a bit tricky sourcing this info from the ATO but forex do publish the required info in ato next following month. Angelo Sikes November 02, Hi, Monthly understand that you use the ECB FX rates and why. Unfortunately this overstates my dividend income in USD by a considerable amount compared to the ATO rate. I picked a few days at random and calculated the variance. The following are AUD - USD rates: I know that I can go back through and adjust the rates. Is there an easier way to do this besides changing the 'banked amount' field? Can Ato change the FX rate directly? I have direct share investments in the US, which means the actual banked amounts are in USD. As I understand it now I will have to calculate an AUD 'banked amount' using, for example, the ATO FX rate, and put that made-up banked amount in such that the FX rate comes out correctly. Which seems very cumbersome. Is there an easier way of doing this? Reply to This Topic some HTML allowed What's the status of this question? Get Satisfaction - Terms of Service - Privacy Policy updated Aug 14, - Cookie Policy. Choose a file GIF, JPEG, PNG. Insert an image URL:
This becomes very important when they write their supporting ideas, especially later in the year when they are writing more supporting details.
Two biomass boilers were installed on the two new-built PFI projects which provided around 98% of their heating requirement.
In the brilliant novel Cold Sassy Tree, by Olive Ann Burns, Grandpa Blakeslee is such a person.