Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Remittance refresher

29 November 2011 / Rob Durrant-Walker
Issue: 4332 / Categories: Comment & Analysis , Admin , Residence & domicile
ROB DURRANT-WALKER serves a livener for those dealing with short-term residents


  • The remittance basis: who it applies to and making claims.
  • Currency accounts and transfers between them.
  • Examples of remittances and relevant persons.
  • Mixed funds and the deemed order of remittances.
  • Setting off foreign capital losses.

Got a long cool drink ready? The aim of this remittance basis refresher is to show that the remittance basis (RB) does not require a chemical warfare suit with which to approach it nor is it a top-ten preserve but it is still pernickety for the unprepared.

There are also some prospective changes arising from the recent consultation document on non-domiciles Reform of the Taxation of Non-Domiciled Individuals for which the publication of responses is imminent at the time of my writing this in mid-November – and these...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon