§ Mr. HoyleTo ask the Chancellor of the Exchequer (1) what estimate he has made of the number of people who work abroad and own property in the UK; [155235]
(2) if he will estimate how many people resident overseas own property in the UK but do not pay income tax. [155236]
§ Ruth KellyIt is not possible to estimate the number of people who work or are otherwise resident abroad and own property in the UK, or the number of those who do not pay UK income tax. However there are currently around 100,000 individuals who are resident outside the UK and have notified the Inland Revenue that they are letting out UK property. All of them are subject to UK income tax on any profits they make from such letting out.