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Taxation: taxable income
 

 

All income arising in the United Kingdom is taxable; income from abroad received by persons considered resident in the United Kingdom is also taxable. Where a person is not resident in the United Kingdom but domiciled abroad or, being British, is ordinarily resident abroad, only overseas income actually remitted to the United Kingdom is taxed. A visitor to the United Kingdom is considered resident if present there for more than six months. Persons may also be considered resident if, although they spend less than six months per annum in the United Kingdom, they make frequent visits or maintain a place of residence there.


Reference: The Penguin Business Dictionary, 3rd edt.