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Posted Mon, 30 Oct 2023 12:21:26 GMT by
Dear HMRC team, If someone is eligible for remittance basis and choose not to remit the foreign income to the UK in this tax year, 1. only SA109 is needed and NO NEED to complete SA106? 2. split year applies for remittance basis or the whole tax year's foreign income needs to be provided in SA109 regardless the person settled in the UK in the middle of the tax year? 3. if no foreign income has been remitted to the UK, there is no need to provide the nominated income / nominated foreign gains in box 34 / 35 in SA109? Thanks.
Posted Tue, 31 Oct 2023 13:30:27 GMT by HMRC Admin 17

Hi,
 
If an indiviual who can claim the remittance basis, elects to do so, they must complete SA109 and in particular,
the section on remittance, boxes 28 to 40. 

They should declare the total amount of unremitted income in box 34 and any unremitted capital gains in box 35. 

A breakdown of the income and gains should be shown in box 40.

If split year treatment applies, then it will only be the income and gains arising in the UK period of residence,
that you would declare.

Thank you .

 
Posted Tue, 23 Jan 2024 07:34:34 GMT by
The reply above "They should declare the total amount of unremitted income in box 34 and any unremitted capital gains in box 35. " is incorrect. These boxes are only for the notional 'nominated' income for the purposes of the Remittance Basis Charge, *not* unremitted income or gains for general remittance basis claims. Also, a 'breakdown' of unremitted income and gains is *not* required in box 40 - this is the point of claiming the remittance basis. Please update this post to avoid taxpayer confusion.

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