»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp Finance Act 2025 introduced a new temporary repatriation facility (TRF) as part of a wider set of measures removing the concept of domicile as a relevant connecting factor in the tax system.ÌýÌýÌý

From 6 April 2025 it is no longer possible to use the remittance basis of taxation. However, former remittance basis users may have amounts of pre-6 April 2025 foreign income and gains which arose during a period in which they were subject to the remittance basis, which are capable of being remitted and taxed in the future.ÌýÌý

»Ê¹ÚÌåÓýapp TRF is aimed at encouraging former remittance basis users to remit those pre-6 April 2025 foreign income and gains, and a low tax rate will be available for individuals that choose to use the TRF. »Ê¹ÚÌåÓýapp TRF is a temporary measure, available for a fixed period of 3 years: the 25/26, 26/27 & 27/28 tax years.ÌýÌý

»Ê¹ÚÌåÓýapp TRF rules can also apply to amounts of “Chargeable Foreign Securities Incomeâ€� that are remitted to the UK in the 25/26, 26/27 & 27/28 tax years, provided the relevant eligibility criteria is met.Ìý

Please see RDRM71000 onwards.Ìý