RDRM31050 - Remittance basis: introduction to the remittance basis: overview of the remittance basis regime: effects of using the remittance basis

With a few important exceptions (refer to RDRM32100 Exceptions to the claims requirements) individuals who used the remittance basis from 6 April 2008 to 5 April 2025:

  • lost their entitlement to UK personal tax allowances (PAs) RDRM32040 for income tax purposes
  • lost their Annual Exempt Amount (AEA) RDRM32040 for capital gains tax purposes.
  • had to make a claim to use the remittance basis

Note: It is no longer possible to use the remittance basis of taxation from 6 April 2025.

In addition some remittance basis users who were regarded as 鈥榣ong-term鈥� UK residents (refer to Long term residents RDRM32200) may have had to pay the Remittance Basis Charge (RBC) of either 拢30,000,聽拢60,000 or 拢90,000.

Note: From 6 April 2017 the 拢90,000 charge was obsolete.

For further information on all of these provisions refer to the relevant subject headings in聽RDRM32005 - Claiming the remittance basis