Income Tax Act 2007 section 809C

Claim for remittance basis by long-term UK resident: nomination of foreign income and gains to which section 809H(2) is to apply

Section 809C sets out the rules requiring long-term UK residents who claim the remittance basis to nominate specific foreign income and gains, and caps the additional tax charge arising from that nomination at either £30,000 or £60,000 depending on how long they have been resident. This section applies only up to and including the 2024–25 tax year.

• Individuals aged 18 or over who have been UK resident for at least 7 of the previous 9 tax years, or at least 12 of the previous 14 tax years, must nominate foreign income and gains when claiming the remittance basis
• The nomination cap is £30,000 for those meeting the 7-year residence test, rising to £60,000 for those meeting the 12-year residence test
• The cap applies to the "relevant tax increase," which is the extra income tax and capital gains tax the individual pays as a result of the nomination (excluding any income tax arising under the gift aid rules)
• This provision applies only for the tax year 2024–25 and earlier years, and cannot apply to any later tax year