Taxable income is any income earned through business, trade or investment. This will include employment income, Self Employment profits, income from rent, dividends from stock investments, interest on bank deposits, royalties, pension drawdowns, social security benefits or any other income that falls under the general definition of income but is not covered by specific tax laws. Any foreign income derived from these sources can be taxable in the UK, depending on the jurisdiction or country where this income is generated and the double tax treaty with the UK. On the other hand, tax on a remittance basis is not directly related to the origin of income. Tax is only charged on the money brought into the UK by a non-domciiled person.