Section 809D | Application of remittance basis without claim where unremitted foreign income and gains under £2,000 ^F1

(1)This section applies to an individual for a tax year if—^F1F2

(za)the tax year is the tax year 2024-25 or an earlier tax year,^F1F3

(a)the individual is UK resident for that year ,^F1F4

(b)the individual is not domiciled in the United Kingdom in that year ..., and^F1F5

(c)the amount of the individual's unremitted foreign income and gains for that year is less than £2,000.^F1

unless condition A or condition B is met.

(1A)Condition A is that ... conditions A to F in section 828B are met.^F1F6F7

(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.^F1F6

(2)The amount of an individual's “unremitted” foreign income and gains for a tax year is—^F1

(a)the total amount of what would (if this section applied) be the individual's foreign income and gains for that year, minus^F1

(b)the total amount of those income and gains that are remitted to the United Kingdom in that year.^F1