I am a UK resident running a web hosting business, I have done so for a few years and I am starting to accept customers worldwide. All my income was originally from UK residents where card and PayPal payments would all come from the UK. Now I am starting to get customers from all over the world.
Ultimately all income is going directly to my UK PayPal and UK bank, and both merchants use currency conversions to have all my income into GBP. I don't have any assets, properties or residency in any other country apart from the UK.
Does any of this come under 'foreign income' and should I be declaring it as such? I've read up about it for a long while and from my understanding it only seems to be relevant to people that have assets, bank accounts or some form of residency in foreign countries, so I just need a little clarification to help me clear this up.
Any help is greatly appreciated!
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