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Money Prizes (Tax)

Volume 487: debated on Tuesday 24 April 1951

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asked the Chancellor of the Exchequer whether, under his regulations, peace prizes paid by foreign governments to individuals in this country are liable to United Kingdom Income Tax.

I would refer the hon. Member to the reply I gave to the hon. and gallant Member for Portsmouth, West (Brigadier Clarke), on 17th April.

Could we not give the Dean of Canterbury as a peace prize to the Soviet Union?

The hon. Member will not expect me to say anything about the tax affairs of individual taxpayers.