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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