Taxable Income

Foreign Income and Gains – from 2025/26

Moving back to the UK in 2025?Then you need to understand this: The rules have changed.And the FIG regime could either save you thousands…Or cost you dearly if misunderstood. Here’s the short version:From 6 April 2025, the remittance basis is dead.Gone. Finished. In its place?A brand new system based on UK residency, not domicile.It’s called the Foreign Income and Gains (FIG) regime. If you’re a “qualifying new resident”(i.e. you’ve been non-resident for 10 years)… You may get up to 4 years of powerful reliefs:✅ Foreign income relief✅ Foreign employment income relief✅ Foreign gains relief Sounds good, right? Here’s the catch:Each relief comes with strict rules, filing deadlines, and…Forfeiting your personal allowance, capital loss relief, and more. Get it wrong?And you could pay UK tax on income that could’ve been exempt. Don’t assume.Don’t guess.Don’t wait until it’s too late. And the cost of misunderstanding these rules?Much higher than you’d think. If you’re an expat returning or moving to the UK, book a 1:1 consultation call and let’s talk.

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Making Tax Digital

Making Tax Digital (MTD) for landlords is comingand most aren’t ready. 📅 April 2026: MTD for ITSA kicks in for rental income over £50,000.📅 April 2027: The threshold drops to £30,000. Translation? More landlords will be forced into digital tax compliance. Quarterly reporting.No more last-minute filings.Zero room for error. 💡 Most overlooked fact?If you own property jointly, MTD applies to your share, not the total rent. 📌 Example:Tom & Jenny (Dubai-based expats) earn £98K from their UK rentals.Split 50/50, each gets £49K. 🚫 No MTD yet (under £50K).⚠️ But in 2027? Boom. They’re in. 💭 Why does this matter? Landlords who wait too long will be stuck scrambling for:✔️ Digital record-keeping tools✔️ MTD-compliant reporting systems✔️ A tax strategy that actually works 🚀 Here’s what smart expat landlords are doing NOW:✅ Assessing income bands, Will MTD impact you in 2026 or 2027?✅ Going digital early, Getting MTD-compatible software before it’s urgent.✅ Structuring wisely, Because how you own your properties affects your tax strategy. The UK tax game is changing for landlords.Question is: Are you playing it right? 👇 Don’t wait until HMRC forces your hand.Let’s get your UK rental income MTD-ready today. 🚀

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