HC Deb 17 April 1951 vol 486 c153W
Brigadier Clarke

asked the Chancellor of the Exchequer whether monetary prizes won outside this country by British citizens are subject under his regulations to tax.

Mr. Gaitskell

Liability to Income Tax would depend on the circumstances of the case. In some circumstances a prize would be regarded as professional earnings, but a prize, like the Nobel Prize, awarded simply as a mark of honour or distinction is outside the scope of Income Tax liability.