emilie tan

I do understand that I’m taxable on any remittances of income or gains. However, it’s neither the income nor gains I’m referring to. I’m referring to the original investment amount - is this subject to tax?

Thank you, how about if I only remitted my original investment amount, and not the capital gains? For example, I had a foreign property investment of £100k, which generated £20k capital gains when I was on remittance basis. After I switched to arising basis, I then only remit the original £100k. In this case, am I liable to pay any tax?

I relocated to UK in 2022 and am non-domiciled. I have been filing my self-assessment on a remittance basis. If I switch to arising basis in 2025/26 and start remitting money, do I have any additional tax liabilities on these funds that I am remitting? Thank you.