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Posted Fri, 01 Nov 2024 10:07:46 GMT by Eschaton
Hi, With the TRF being confirmed for the follow 3 tax years, if someone who has previously claimed the remittance basis wishes to use the TRF to repatriate foreign gains, can these gains be offset against UK-based capital losses?
Posted Thu, 07 Nov 2024 12:38:31 GMT by HMRC Admin 19 Response
Hi,
Detail on the Government’s intended changes to the rules for non-domiciled individuals can be seen here:
https://www.gov.uk/government/publications/changes-to-the-taxation-of-non-uk-domiciled-individuals/technical-note-changes-to-the-taxation-of-non-uk-domiciled-individuals  
We are unable to provide any further detail on how these changes will apply to an individual’s personal circumstances at this time.
Thank you.

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