Section 809D — Income Tax Act 2007: Application of remittance basis without claim where unremitted foreign income and gains under £2,000

Application of remittance basis without claim where unremitted foreign income and gains under £2,000 809D 1 This section applies to an individual for a tax year if—

za the tax year is the tax year 2024-25 or an earlier tax year, a the individual is UK resident for that year , b the individual is not domiciled in the United Kingdom in that year ... , and c the amount of the individual's unremitted foreign income and gains for that year is less than £2,000. unless condition A or condition B is met. 1A Condition A is that ... conditions A to F in section 828B are met. 1B Condition B is that the individual gives notice in a return under section 8 of TMA 1970 that this section is not to apply in relation to the individual for that year.

2 The amount of an individual's “unremitted” foreign income and gains for a tax year is—

a the total amount of what would (if this section applied) be the individual's foreign income and gains for that year, minus b the total amount of those income and gains that are remitted to the United Kingdom in that year.