The UK’s long standing domicile and remittance basis regime was substantially overhauled from 6 April 2025 with the introduction of the ‘Foreign Income and Gains (FIG) regime"‘. The FIG regime introduced more limited time exemptions for the exclusion of non-UK income and gains from UK taxation. This is a complex area of UK taxation.

Where the remittance basis of taxation was a tick box election, claiming the FIG regime, whilst it allows non-UK income and non-UK capital gains to be excluded from UK taxation, does require worldwide income and gains to be reported on the UK Return!