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STOP PRESS: The remittance basis is to be abolished from 6 April 2025, although this only applies to foreign income and gains arising on or after that date. The remittance basis rules still apply to unremitted income and gains arising before that date but remitted later. The legislation is included in Finance Bill 2025. For more details, see the Abolition of the remittance basis from 2025/26 guidance note.

This guidance note discusses the capital gains tax (CGT) position of the following categories of people:

1. •

   resident and domiciled or deemed domiciled in the UK

2. •

   resident but not domiciled or deemed domiciled

3. •

   not resident in the UK

The guidance note does not cover the position of temporary non-residents. These are people who are no longer UK resident but remain within the scope of the UK CGT regime. See the Temporary non-residence and UK capital gains tax liability of temporary non-residents guidance notes.

Guidance on reporting foreign capital gains and losses is given at the end of this guidance note.