I get my iStock payments via PayPal.
I hadn't noticed, but things have changed there since the last time I looked.
It used to be that my payments came in as:
Payment $XXX USD, currency conversion, �YYY GBP.
This made it easy enough to co my tax return, even though I take weekly payouts.

But suddenly a few weeks ago, without me noticing, it now only says:
"Payment from iStockphoto $XXX, no conversion, but there's a notice above that saying,
"Total balance (all currencies, available and pending) converted to GBP: �YYY GBP"
But that's pretty useless for completing tax returns, because obviously the conversion rate is different from week to week, and my total balance includes outs and ins from various sources.

Anyone noticed this? What's the UK plan for using the info to fill in tax return?
The first date I can see the change is 21st May 2013. The previous week, the conversion was made as normal.

Thanks for any UK-specific info.

You can do the balance conversion yourself within PayPal if you want - click on the "Currency Converter" link, then on the right hand side select "Balance Conversion" from the drop down and go from $$s to ��s, and it will appear in your sterling account as before.

But I don't see it as necessary, unless you want to speculate on currency rates - all I do is transfer directly to my UK bank account and let it deal with the conversion, then your income for tax purposes will be whatever winds up in your account.

I get my iStock payments via PayPal.
I hadn't noticed, but things have changed there since the last time I looked.
It used to be that my payments came in as:
Payment $XXX USD, currency conversion, �YYY GBP.
This made it easy enough to co my tax return, even though I take weekly payouts.

But suddenly a few weeks ago, without me noticing, it now only says:
"Payment from iStockphoto $XXX, no conversion, but there's a notice above that saying,
"Total balance (all currencies, available and pending) converted to GBP: �YYY GBP"
But that's pretty useless for completing tax returns, because obviously the conversion rate is different from week to week, and my total balance includes outs and ins from various sources.

Anyone noticed this? What's the UK plan for using the info to fill in tax return?
The first date I can see the change is 21st May 2013. The previous week, the conversion was made as normal.

Thanks for any UK-specific info.

This surprised me. PayPal have never automatically converted currencies for me. I've always had to convert them myself (thankfully) at the time of my own choosing.

I've just been into my account and, as expected, I had balances in GBP, USD and EUR from recent payments. I don't see any changes.

I'm clearly missing something.

This is not a 'pro' paid for account: I didn't need that, and don't want any more unnecessary expenses.

But actually, the last time I went to request a transfer to my bank account, a couple of weeks ago, PayPal had 'lost' my bank details and I had to input them again.

I use the same PayPal account for occasional purchases from eBay, most but not all of which are photo related, so the 'total balance', which is given in pounds, does not account for the outgoings.
I surely need to account for all of the income, then need to extract the photo-related outgoings. The balance when I come to transfer to my bank account will not be a full account for tax purposes.

Presumably I set it up in a particular way. I didn't have PayPal before iStock, but it seemed to be the better way for me to get my iStock payments at the time, and I can't remember whether I chose any currency conversion options, though presumaby I did, since most of you have accounts which are set up differently.

Anyway, like I said, it worked for me the way I did it. I made a list of all my income, converted into UKP, then I could look at my payments out of PP and list those which were photo related and ignore outgoings which were not stock related, e.g. gifts etc.

To just use the total balance, you'd need to have an account which you were not using also to finance non-related purchases. Do all of you have separate accounts? Or just never have cause to use PayPal to purchase anything (non stock-releated)?

Or, like I said, am I missing something?

Sorry to be dim. 

You can set it up in your PP account how you will be paid. You can add and delete currencies. And you can set it yo ask you if you want to receive a currency if its not one of your chosen currencies. You can set it all up as you please in your PP account.

I receive USD and EU currency separately and only convert it when I want.

https://www.paypal.com/cgi-bin/webscr?cmd=p/sell/mc/mc_receive-outside

Hi ShadySue

Same experience here. As of the last 5 days as far as I'm aware, automatic currency conversions have stopped. I'm not actually sure how it was set up in the first place, but you're not going mad.

Oldhand

I didn't get an email either, looks to be a policy change from PayPal. Don't think it makes any difference to anything though.

OK, I'm being really dim, sorry.
My default currency is GBP, and the home page shows my PayPal Balance as a GBP amount.
Underneath that, it says:
    Available balance in GBP (primary): �YY GBP
    Total balance (all currencies, available and pending) converted to GBP: �YYY GBP

But I can't see how to convert each individual iStockm $$ payment into ��, which is what I need.
Where do I do that?
It used to be when I clicked on an individual payment's 'details' that that would tell me the $$ and the �� conversion.
Now when I click on details, it just gives me the $$ amount in a more wordy format.
I don't see where I can get the $$ - �� conversion for one individual payment, which is what I want.
Can someone please point the better class of idiot in the right direction?
Tx again.

PS, did everyone else have to re-enter their bank details?

If you click on 'Currency Converter', then perform an exchange of USD into GBP using the drop-down menus, then that particular transaction will be recorded in your account History.

It's listed twice, firstly as "Transfer (debit) From US Dollar Balance" and then again as "Transfer (credit) To British Pound Balance".

Next to your balance it says currency converter

https://www.paypal.com/ie/cgi-bin/webscr?cmd=_profile-currencies

You can have more than one PayPal account too, then keep work and pleasure stuff separate.