This guidance note explains when income or gains are remitted to the UK. It first discusses the general rule, using examples, and then explains the exceptions and exemptions which exist.

An outline of the remittance basis can be found in the Remittance basis ― overview guidance note.

This guidance note discusses the legislation which applies from 6 April 2008 only; however, if foreign income or gains are remitted in the current year that arose prior to 6 April 2008 then the old rules must be used, which were mostly based on case law. Understanding the old rules also remains relevant as it may be necessary to rework the history of a taxpayer’s accounts in order to determine what has been remitted in a current year. For the earlier rules and more on the transitional provisions, see RDRM36000–RDRM36470 and Simon’s Taxes E6.332AA–E6.332B.

Understanding the pre-2008 rules remains relevant as it may be necessary to rework the history of a taxpayer’s accounts in order to determine what has been remitted in a current year.

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