Written Question·Treasury·UIN 78994

Remittances: Taxation

Tabled: 10 October 2025
Answered: 20 October 2025

Question

Nick Timothy

ConservativeWest Suffolk

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of introducing a tax on remittance flows.

Answer

Lucy Rigby
The Treasury does not collect or report data on the flow of remittances out of the UK and has not under previous governments. The UK imposes taxes based on individual’s residence status. Individuals who are resident in the UK are taxable on their income a...

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