Business tax – guidance

HMRC exchange rates for 2016: weekly amendments

Find the weekly amendments to foreign exchange rates issued by HM Revenue and Customs.

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The Union Customs Code (UCC) (regulation No. 952/2013 of the European Parliament and of the Council) was agreed and adopted by co-decision in October 2013 and applies from 1 May 2016.

The existing 5% fluctuation clause under reg 2454/93 is no longer catered for within the UCC. The commission have confirmed that member states can’t continue to use this facility, even as a national provision.

No further weekly exchange rates will be published.

Find previous exchange rates in XML format for software developers.