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

(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.