A basis of UK taxation that is available only to certain individuals depending on their domicile and residence status. A remittance basis user is taxed on their foreign income and gains (FIG) only if and when these are brought into or enjoyed in the UK (remittance basis), but pays tax on their UK income and gains on the arising basis. A taxable remittance has a statutory definition. For more information, see Practice notes, Remittance basis: What is a remittance? and Residence, ordinary residence and domicile: definitions and UK tax implications for individuals.

At the Spring 2024 Budget, the government announced that it would abolish the remittance basis of taxation from 6 April 2025 and replace it with a new residence-based FIG regime. For the latest information, see Private client tax legislation tracker 2023-24: Residence-based FIG regime to replace remittance basis.