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Official guidance
Capital Gains Manual

CG25300P · Capital Gains manual: individuals: effects of residence, ordinary residence and domicile: domicile and the disposal by non-domiciled individuals of assets situated abroad

  • CG25300 · Effect of residence and domicile
  • CG25302 · Individual becoming deemed domiciled for 2017/18 only under condition B - rebasing
  • CG25304 · Individual becoming deemed domiciled for 2017/18 only under condition B – rebasing examples
  • CG25312 · Using the remittance basis
  • CG25313 · Remittance basis: consequences
  • CG25320 · Remittance basis: computing the foreign chargeable gain: indexation allowance and taper relief
  • CG25325 · Remittance basis: the annual exempt amount
  • CG25330 · Remittance basis: losses: introduction
  • CG25330A · Remittance basis: election for foreign losses to be allowable: TCGA92/S16ZA
  • CG25330B · Remittance basis: no effective carry back of foreign allowable losses: TCGA92/S16ZB*
  • CG25330C · Remittance basis: matching rules for relieving losses: TCGA92/S16ZC*
  • CG25330D · Remittance basis: matching rules for relieving losses: example: Section S16ZC*** TCGA 1992
  • CG25340 · Remittance basis: meaning of remitted to the United Kingdom: introduction
  • CG25341 · Remittance basis: meaning of remitted to the United Kingdom: basic meaning: ITA07/S809L(2) & (3)
  • CG25342 · Remittance basis: meaning of remitted to the United Kingdom: gifts of money and assets: ITA07/S809L(4)
  • CG25343 · Remittance basis: meaning of remitted to the United Kingdom: other reciprocal arrangements: ITA07/S809L(5)
  • CG25344 · Remittance basis: disposals other than for full consideration: ITA07/S809T
  • CG25350 · Remittance basis: gains reinvested in non UK assets
  • CG25380 · Remittance basis: mixed funds: introduction
  • CG25385 · Remittance basis: mixed funds: ordering rules: summary
  • CG25386 · Remittance basis: mixed funds: ordering rules: details
  • CG25387 · Remittance basis: mixed funds: ordering rules: example
  • CG25391 · Remittance basis: gains to be computed in Sterling
  • CG25392 · Remittance basis: accounts denominated in foreign currencies
  • CG25392A · Remittance basis: accounts denominated in foreign currencies - restriction of certain losses
  • CG25393 · Convert at spot rate
  • CG25395 · Remittance basis: employment-related securities: option
  • CG25421 · Disposal of assets situated abroad: Example 1
  • CG25430 · Disposal of assets situated abroad: Example 2
  • CG25431 · Disposal of assets situated abroad: example 3
  • CG25311 · Becoming domiciled
  1. Capital Gains manual: individuals: effects of residence, ordinary residence and domicile: domicile and the disposal by non-domiciled individuals of assets situated abroad: contents
  2. Convert at spot rate

CG25393 | Convert at spot rate

From HM Revenue & Customs · Capital Gains Manual

The figure of capital gains that you convert in this way may be a figure that you have had to trace through a number of reinvestments and other transactions, see CG25350 above. It may also include gains arising on the disposal of foreign currency, either when that currency is exchanged for Sterling or when it is exchanged for another asset.

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