Only reason I am asking this is because if I get overseas income transferred straight in to my UK bank account that will cost me a big amount of transaction fees. Also the amounts are small and I will not make a reasonable profit out of it.
So I am thinking either to
1) Direct transactions in to my overseas account and transfer the total at the end of every month to UK account
2) Or to leave money in my overseas account and pay tax accordingly using spot exchange rates.
Please help me to solve this situation.
