Test your understanding
(1). Wren is domiciled in the country of Twitcheria. She came to the UK on 1 January 1996 and has been UK tax resident since that date. In the tax year 2024/25, Wren has overseas income of £3,100, none of which has been remitted to the UK.
Explain whether or not Wren is entitled to claim the remittance basis in respect of the tax year 2024/25.
(2). Robin is domiciled in the country of Twitcheria and tax resident in the UK. He is not deemed domiciled in the UK. In the tax year 2024/25 he has overseas income of £38,000 and overseas gains of £1,900, none of which has been remitted to the UK.
Explain Robin’s position in relation to the remittance basis in respect of the tax year 2024/25.
