Tax Planning

Tax Planning Under the UK’s New Non-Dom and Foreign Income Regime

From 6 April 2025, the UK’s remittance-based non-dom system is replaced with a residence-based foreign income and gains (FIG) regime. What this means and how you can plan now.

By NomadicTax Research Team • 5-8 min read • November 22, 2025

## What has changed? From **6 April 2025**, the UK has abolished the remittance basis of taxation for non-UK domiciled individuals. The concept of **domicile** as a key basis for tax liability has been replaced by a residence-based system under the new **foreign income and gains (FIG)** regime. ([gov.uk](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?utm_source=openai)) Key features include: - New arrivals to the UK, who have not been UK tax resident during the **prior 10 years**, can benefit from **100% relief** on foreign income and gains (FIG) in their first **four years** of UK residence. ([gov.uk](https://www.gov.uk/government/publications/tax-changes-for-non-uk-domiciled-individuals/reforming-the-taxation-of-non-uk-domiciled-individuals?utm_source=openai)) - Removal of preferential trust rules: settlor interested trusts (and other structures) will lose protection for income or gains arising after 6 April 2025 unless the settlor qualifies for FIG. ([gov.uk](https://www.gov.uk/government/publications/tax-changes-for-non-uk-domiciled-individuals/reforming-the-taxation-of-non-uk-domiciled-individuals?utm_source=openai)) - Introduction of a **Temporary Repatriation Facility (TRF)** for past unremitted foreign income/gains: using this facility, qualifying individuals who claimed the remittance basis can designate remittances from income/gains arising before 6 April 2025, taxed at reduced rates (12–15%) during a limited period. ([gov.uk](https://www.gov.uk/government/publications/tax-changes-for-non-uk-domiciled-individuals/reforming-the-taxation-of-non-uk-domiciled-individuals?utm_source=openai)) - Inheritance Tax (IHT) will shift from a domicile-based to a **residence-based system**, with “long-term UK residence” test: residence for **10 out of the past 20 tax years** triggers liability on worldwide assets. Trusts and settlements are affected under similar long-term resident criteria. ([gov.uk](https://www.gov.uk/government/publications/tax-changes-for-non-uk-domiciled-individuals/reforming-the-taxation-of-non-uk-domiciled-individuals?utm_source=openai)) ## Tax Planning Strategies to Consider If you may be affected by these changes, here are actionable steps: ### 1. Determine your eligibility for the new FIG regime - Did you spend **zero days** in the UK (for tax resident purposes) in the 10 years prior to arriving? If yes, you're likely a “qualifying new arrival.” - If you’ve been resident already, check how many years you have been in the UK and whether you qualify for the four-year relief. ### 2. Use the Temporary Repatriation Facility (TRF) If you previously used the remittance basis and accumulate foreign income/gains before 6 April 2025: - TRF gives you a **window of 3 tax years** (2025-26 to 2027-28) to bring in (remit) these amounts at reduced tax rates. - Assess whether it's financially favourable to remit earlier rather than paying tax later on arising basis amounts. ### 3. Review foreign assets and trust arrangements - Assets held in offshore trusts may lose protection under new rules unless settlor qualifies under FIG. Consider restructuring or distributing assets before changes bite. - If you hold foreign property or investments, rebasing elections may be available (e.g., for disposals of personally held foreign assets held since 5 April 2019) to limit capital gains exposure. ([gov.uk](https://www.gov.uk/government/publications/tax-changes-for-non-uk-domiciled-individuals/reforming-the-taxation-of-non-uk-domiciled-individuals?utm_source=openai)) ### 4. Plan for Inheritance Tax exposure - If you meet the “long-term resident” test (10/20 years) or are approaching it, inheritance on overseas property/assets will become relevant. - Trusts you have established will need review: excluded property status may be lost once long-term resident, triggering IHT or exit charges. ([gov.uk](https://www.gov.uk/hmrc-internal-manuals/inheritance-tax-manual/ihtm47021?utm_source=openai)) ## Practical Examples | Scenario | Outcome under old regime | Outcome under new rules | |---|---|---| | Alice moves to UK April 2025, has been non-resident for 10 years | Could use remittance basis for decades | Gets full FIG relief for first 4 years | | Ben held foreign investments pre-2019, wants to sell in 2026 | CGT on full gain since acquisition | May rebase to 5 April 2019 for gains, reducing chargeable gain | | Trust settlor who’s UK resident 12 of past 20 years | Trust’s non-UK assets excluded for IHT | Trust may lose excluded status; trustee or settlor may trigger IHT on worldwide assets | ## What to watch for going forward - Clarifications in the **Finance Bill** and further HMRC guidance on FIG rules, especially defining “qualifying foreign income” and designating “new arrival”. - Monitoring when TRF elections must be made and how mixed foreign funds are treated. - Proactive estate planning if IHT changes move into effect for individuals or families near long-term residence thresholds. --- The new FIG and residence-based rules represent a seismic shift for non-dom and foreign asset holders. Early action can materially reduce tax liabilities and exposure.