Section 809H — Finance Act 2008: Claim for remittance basis by long-term UK resident: charge

Claim for remittance basis by long-term UK resident: charge 809H 1 This section applies if—

a section 809B (claim for remittance basis to apply) applies to an individual for a tax year (“the relevant tax year”),

b the individual is aged 18 or over in the relevant tax year, and c the individual has been UK resident in at least 7 of the 9 tax years immediately preceding the relevant tax year.

2 Income tax is charged on nominated income, and capital gains tax is charged on nominated chargeable gains, as if section 809B did not apply to the individual for the relevant tax year (and neither did section 809D). 3 “ Nominated ” income or chargeable gains means income or chargeable gains nominated under section 809C in the individual's claim under section 809B for the relevant tax year.

4 If the relevant tax increase would otherwise be less than £30,000, subsection (2) has effect as if—

a in addition to the income and gains actually nominated under section 809C in the individual's claim under section 809B for the relevant tax year, an amount of income had been nominated so as to make the relevant tax increase equal to £30,000, and b the individual's income for that year were such that such a nomination could have been made (if that is not the case). 5 “ The relevant tax increase ” is—

a the total amount of income tax and capital gains tax payable by the individual for the relevant tax year, minus b the total amount of income tax and capital gains tax that would be payable by the individual for the relevant tax year apart from subsection (2).

6 Nothing in subsection (4) affects what is regarded, for the purposes of section 809I or 809J, as nominated under section 809C.