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Double remittances

Produced by a Tolley Personal Tax expert
Personal Tax
Guidance

Double remittances

Produced by a Tolley Personal Tax expert
Personal Tax
Guidance
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This guidance note explains the concept of double remittances, which is where foreign income and gains are not taxable in the UK when they are originally remitted to the UK and are then re-remitted at a later date. The guidance note discusses the situations in which this might arise and whether the later re-remittance is taxable.

An outline of the remittance basis can be found at the Remittance basis ― overview guidance note.

The commentary below builds on the meaning of remittance in ITA 2007, s 809L and it is assumed that readers are familiar with the When are income and gains remitted? guidance note.

Abolition of the remittance basis for foreign income and gains arising on or after 6 April 2025

From 6 April 2025, the remittance basis of taxation is repealed as a consequence of the abolition of the concept of domicile. This is replaced with a regime linked to the number of years of UK residency, which is colloquially referred to as the foreign income and gains regime (FIG regime). Although this is not a statutory

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  • 07 Apr 2025 09:50

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