Skip to main content

Written question asked by Gordon Prentice (Labour) on Thursday, 25 February 2010, in the House of Commons. It was due for an answer on Monday, 1 March 2010. It was answered by Stephen Timms (Labour) on Thursday, 4 March 2010 on behalf of the Treasury.


Taxation: Overseas Income

Question
To ask the Chancellor of the Exchequer if he will bring forward legislative proposals to allow UK citizens to be taxed on their worldwide income; and if he will make a statement.
Answer

Individuals, including UK citizens, who are resident, ordinarily resident and domiciled in the UK are liable to UK tax on their worldwide income. The Government have no plans to introduce legislation to make all UK citizens taxable on their worldwide income.


Secondary information

Type
Written question
Reference
506 c1337W; 319850
Session
2009-10
Subjects
Overseas income Taxation
Link
View this Written question on www.publications.parliament.uk