International expenses/purchases
- Dominant language
- No language data
- Stars
- 15
- Forks
- 0
- PR merge metrics
- No merged PRs in 30d
Description
> You can buy goods and services in the currency of your choice. But all purchases or sales must be converted into sterling for VAT purposes.
https://www.gov.uk/guidance/foreign-currency-transactions-vat-and-tour-operators
You can either use market rates at the time (which isn't too much hassle if you're looking up rates for 2 receipts on 2 different days, but looking up 30 days of exchange rates is a _problem_) or the [HMRC's exchange rates](https://www.gov.uk/government/publications/hmrc-exchange-rates-for-2015-monthly) (these seem to work out a little better if there's lots of fluctuation as well).
Contributor guide
No contributing guide indexed for this repository
Research direction
Start by reading the issue's GOV.UK guidance and HMRC exchange-rate links. Determine what guidance the FAQ should provide for converting international purchases and sales to sterling, then confirm the finished documentation explains a practical approach for multiple receipts and cites the relevant HMRC source.
Written by the indexing model from the issue text.
Assessment
- Domain
- documentation
- Issue type
- Documentation
- Difficulty
- 4/5
- Estimated time
- 3-5 days
- Activity status
- Stale
- Clarity
- Needs clarification
- Newbie friendliness
- 25/100