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Posted Mon, 11 Nov 2024 00:09:57 GMT by K H
Hi there, in the 4-year FIG regime, it state that "From 6 April 2025, all UK residents will be taxed on the arising basis of assessment. A new regime for FIG will be available to individuals for their first four years of UK tax residence after a period of 10 years non-residence. Individuals who make a claim to use the new 4- year FIG regime will not pay tax on FIG arising in those four years." May I know if my 1st year of UK tax residence is on 24-25. Domcile and arising basisc my 2nd year of UK tax residence is on 25-26, can i apply FIG regime at this year if my previous year is at domcile status? thank you
Posted Wed, 13 Nov 2024 15:11:40 GMT by HMRC Admin 20 Response
Hi,
Please refer to Changes to the taxation of non-UK domiciled individuals
Thank you.
 

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