The 2025 UK Remittance Overhaul: What Expats, Non-Doms and New Arrivals Must Know
TAX • PLANNING • 2025 Navigating the UK’s New FIG Regime: What Replaces the Remittance Basis in 2025 Summary: The UK’s long-standing remittance basis has effectively been replaced from 6 April 2025 by the Foreign Income and Gains (FIG) regime. New arrivals who have been non-UK resident for 10 years may now bring foreign income and gains to the UK tax-free for four years. Existing non-doms, however, face a very different landscape. The FIG regime unlocks tax-free remittances for new arrivers — but only if the 10-year non-residence test is met. Many HNW families misunderstand the transition rules and create avoidable UK tax exposure when moving funds. Planning early (before becoming UK resident) is critical. Timing and source-segregation still matter. Context: Who This Applies To This is written for internationally mobile families, founders, and HNW professionals relocating to the UK. Many are used to the old non-dom regime — the remittance basis — and a...