Non-dom and remittances

[aboveusonlysky]

A UK resident non-domicile is on the arising basis for 2008/09 foreign income (£30k not appropriate).

He needs to remit substantial amounts of foreign income which arose BEFORE 5/4/2008. Does remittance basis continue to apply to this 'old' income?

[JSK TAXATION]

aboveusonlysky,

Yes it does to the extent that the remittance represents foreign source income or gains.

However, there are still planning techniques available to mitigate the tax charge on repatriation. If I can help therefore please let me know.

Kind regards,

John S King
Chartered Tax Adviser
www.taxation-advice.com