Remittances: Taxation
Commons · Question 82112 · Tabled 14 Oct 2025 · Treasury · Official record
Answered 22 Oct 2025
Question
Asked by Rupert Lowe
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing a 25 per cent remittance tax on funds sent to countries that refuse to cooperate with deportations.
Answer
Answered by Dan Tomlinson, 22 Oct 2025
The UK imposes taxes based on individual’s residence status. Individuals who are resident in the UK are taxable on their income and gains that arise worldwide. Remitting funds outside of the UK is not generally considered to be a chargeable event for indi...