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Written question asked by Nick Timothy (Conservative) on Friday, 10 October 2025, in the House of Commons. It was due for an answer on Tuesday, 14 October 2025. It was answered by Lucy Rigby (Labour) on Monday, 20 October 2025 on behalf of the Treasury.


Remittances

Question

To ask the Chancellor of the Exchequer, how much in remittances by country of destination has been sent from the UK in each year since 2020.

Answer

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 and gains that arise worldwide. Remitting funds outside of the UK is not generally considered to be a chargeable event for individuals. It should also be noted that funds being remitted will often have been subject to UK tax, such as income tax, if funded from earnings.


Secondary information

Type
Written question
Reference
78995
Session
2024-26
Grouped for answer
Yes
Subjects
Remittances
Contains statistics
Yes
Link
View this Written question on www.parliament.uk