Temporary Repatriation Facility (TRF) Calculator 2025–2028
Calculate TRF tax on remitting pre-2025 offshore foreign income and gains. 12% flat rate in 2025/26 and 2026/27, 15% in 2027/28. Compare against normal UK tax rates for non-doms.
Temporary Repatriation Facility (TRF) Calculator
Former remittance basis users can remit pre-6 April 2025 foreign income/gains at reduced flat rates: 12% in 2025/26 and 2026/27, 15% in 2027/28. Calculate your TRF tax bill vs keeping funds offshore.
Frequently Asked Questions
What is the Temporary Repatriation Facility (TRF)?
The Temporary Repatriation Facility is a transitional measure for former remittance basis users. It allows them to remit pre-6 April 2025 foreign income and gains to the UK at reduced flat tax rates: 12% in 2025/26 and 2026/27, and 15% in 2027/28. Without the TRF, such remittances would be taxed at normal income tax rates (up to 45%) or CGT rates (up to 24%).
Who can use the TRF?
The TRF is available to individuals who: (1) were UK resident in 2025/26, and (2) claimed the remittance basis in any tax year up to and including 2024/25. The funds must be foreign income or gains that arose during a year the individual was on the remittance basis and have not previously been remitted to the UK.
How do I use the TRF?
You make a TRF designation in your Self Assessment tax return for the relevant tax year (2025/26, 2026/27 or 2027/28). You specify the amount of foreign income/gains you wish to designate. Once designated, the TRF tax rate applies and the designation is irrevocable. The designated funds can then be remitted to the UK free of further UK tax.
Can I remit capital gains under TRF at the 12% rate?
Yes — both unremitted foreign income AND unremitted foreign capital gains qualify for TRF. The flat 12% rate applies to the total designated amount regardless of whether it is income or gains. This is significantly lower than the normal 24% CGT higher rate or 45% income tax additional rate.
What happens to unremitted funds after 2027/28?
After the TRF window closes (after 5 April 2028), any remaining unremitted pre-2025 foreign income/gains will be taxable at normal UK rates (income tax or CGT) if remitted to the UK. Former remittance basis users who become UK domiciled (or deemed domiciled) may face additional complications. Take specialist advice.
Does the TRF apply to FIG-period income?
No. The TRF only applies to income and gains from years when the individual claimed the remittance basis (prior to 6 April 2025). Foreign income and gains from the FIG period (on or after 6 April 2025) are exempt under the FIG regime while it applies and do not need to be remitted under TRF.
How is the TRF reported to HMRC?
HMRC requires a TRF designation to be made on the foreign pages of your Self Assessment tax return. Detailed guidance is in HMRC's Residence, Domicile and the Remittance Basis (RDR1) manual. You should also keep detailed records of the composition of your offshore funds to demonstrate which amounts relate to pre-2025 remittance basis years.
What is the interaction with the mixed fund rules?
Offshore funds often contain a mix of capital, income and gains from different years. The mixed fund rules (ITTOIA 2005 s.830 and TCGA 1992 s.12B) determine the deemed order of remittance. For TRF purposes, special rules allow you to designate specific amounts to the TRF regardless of the normal mixed fund ordering — seek specialist advice on how your specific fund composition affects TRF elections.