(ITA 2007, Pt. 14, Ch. A1)

(Direct Tax Reporter: ¶199-620ff)

Non-domiciled individuals can elect to pay income tax and capital gains tax on the remittance basis so that UK tax is paid on foreign income or gains only to the extent that (and when) they are remitted to the UK. This normally involves the making of a claim.

The meaning of ‘remitted to the UK’ is defined in detail by the statute.

A charge – the ‘remittance basis charge’ – for claiming the remittance basis applies where the individual satisfies one of the two – formerly three – residence tests (is a ‘long-term UK resident’), as shown in the table below.

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