Convert UK dividends

W

weston68

Registered User
Messages
56
I elected not to receive some UK dividends but to purchase more shares in the company instead. I need to include the amount of the net dividend in my Form12. Since I never received the money and converted it to Euro how do I convert the amount of the net dividend to include it in the Form12?
 
You should have received a notification of the value of the dividends that were used to purchase more shares.

The figures on this notification are the figures that you should use.
 
Yeah but what conversion rate do I use to convert the amount shown on the voucher from sterling to Euro so I can include it on the Form12?
 
Use the average rate on the date of the dividend payment (the date will be on your notification) - you can get average rates on

www.oanda.com

This is the website I use for exchange rates.
 
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