FIG Regime Calculator — 4-Year Foreign Income & Gains Exemption (2025)

The Foreign Income and Gains (FIG) regime, effective from 6 April 2025, allows new UK residents who have not been UK resident in any of the 10 preceding tax years to exempt all foreign income and capital gains from UK tax for their first 4 years of UK residence. It replaced the remittance basis for new arrivals.

You qualify if you become UK resident from 6 April 2025 onwards and were not UK resident in any of the 10 tax years immediately before. You must claim FIG relief each year in your Self Assessment tax return.

No — unlike the old remittance basis, under FIG there is no remittance basis charge and you can bring foreign income/gains to the UK without triggering additional UK tax. However, you lose your Personal Allowance and CGT Annual Exempt Amount for years you claim FIG.

After your 4-year FIG window, you move to the arising basis — all worldwide income and gains are subject to UK tax as they arise, whether or not remitted to the UK.

No. FIG is only for new UK residents from April 2025. Existing UK residents who previously used the remittance basis transitioned under separate transitional rules including a temporary repatriation facility (TRF) for 2025/26–2026/27.

Yes. If you claim FIG, you lose your Personal Allowance (£12,570) and Annual Exempt Amount (£3,000) for that year. FIG is typically only beneficial if your foreign income/gains exceed the allowances foregone.

Foreign income includes employment income from non-UK duties, dividends from overseas companies, interest from foreign bank accounts, overseas rental income, and foreign pensions. UK-source income remains fully taxable regardless of FIG.

You claim FIG in your UK Self Assessment tax return (SA100 and foreign pages). You must file a return even if your UK income is below the filing threshold if you are claiming FIG on foreign income or gains.