Re: Euro payment in sterling



futureofcons wrote:
Hi,


I was wondering how a contractor who invoices in Euros will get paid in

UK but in Euros I presume to ensure correct payment, there will have to

be a methodology for translating the figures from Euros to Sterling so
that
   -The PAYE has to be made in £s (I guess)
   -The year end P60 stuff then has be reported in £s


What will be the methodology be any suggestions?

I don't quite understand your post as there is a fullstop missing somewhere. I assume you are keeping your money in Euros and never transferring to Sterling? PAYE can be paid in Euros.


http://www.hmrc.gov.uk/euro/faqs_taxnic.htm

http://www.hmrc.gov.uk/euro/faqs_lgbus.htm#3a
.



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