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Tier 1 - Exchange Rate clarification

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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rahulkavuri
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Posts: 32
Joined: Thu Mar 19, 2009 1:08 pm

Tier 1 - Exchange Rate clarification

Post by rahulkavuri » Tue Jul 21, 2009 3:10 pm

Hi

I have 2 doubts to be clarified

1. I am claiming earnings for India and US, my claim period is from June 1st to 31st May and I have earnings from India and US during this period

According to the Tier 1 rules my rate of conversion should be as per the last day of the claim period i.e. 31st May

My work period in US was from November to Feb 26th, now should the US earnings be also claimed with exchange rate as on 31st May or should it be exchange rate as on 26th February

2. My net salary shows income from expense reimbursement, should I claim only the Gross Taxable income or Gross taxable income + Expense remimbursement...
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