Income Tax Act 2007 section 809V

Money paid to the Commissioners

Section 809V provides that when a non-domiciled individual uses foreign income or gains to pay the remittance basis charge directly to HMRC, those amounts are not treated as having been remitted to the United Kingdom.

• Foreign income or gains used to pay the annual remittance basis charge (£30,000 or £50,000) directly to HMRC are not treated as remitted to the United Kingdom
• The payment must be made by way of one or more direct payments to HMRC, not routed through UK bank accounts or intermediaries
• The exemption only applies up to the "applicable amount" — that is, the amount of the remittance basis charge due under section 809H for the relevant tax year
• If HMRC repays any of these payments (in whole or in part), the exemption ceases to apply to the extent of the repayment