Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Remittance basis definition

What does Remittance basis mean? A method of taxing a resident but non‑domiciled individual so that foreign income and foreign chargeable gains are taxed only when money, assets or value are brought to, used in or enjoyed in the jurisdiction (a “remittance”). United Kingdom: The remittance basis is a statutory regime in the Income Tax Act 2007 and the Taxation of Chargeable Gains Act 1992, applying across England and Wales, Scotland and Northern Ireland. It is usually claimed via Self Assessment (except where unremitted foreign income and gains are under £2,000, which applies automatically). Claiming generally forfeits the personal allowance and the CGT annual exempt amount,...

UK remittance basis: Conditions A and B, relevant persons/debts, examples and key exemptions; abolition from 6 April 2025 and transitional rules (archived)

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Practice notes

ARCHIVED:

As an archived Practice note, this guidance explains how to identify when a remittance has arisen for the Remittance basis of taxation. For this purpose, one must look to the Conditions in section 809L of the Income Tax Act 2007 (ITA 2007). Section 809L of ITA 2007 sets out four condition limbs: Conditions A and B, which operate jointly, and Conditions C and D, each considered separately. This Practice note outlines Conditions A and B, illustrates types of remittances, and highlights exemptions or exceptions to how Conditions A and B apply...

Abolition of remittance basis from 6 April 2025

The remittance basis of taxation was abolished for UK resident non-domiciled individuals from 6 April 2025. The last year for which the remittance basis can be claimed is the 2024–25 tax year. From 6 April 2025, a new four-year regime, commonly known as the foreign income and gain (FIG) regime, will be available, providing 100% relief on eligible FIG for new arrivals to the UK in their first four years of tax residence, provided they have not been UK tax resident in the ten tax years immediately prior to their arrival...

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Web page updated on 22/05/2026

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