{
  "url": "https://openlegislation.uk/finance-act-2012/schedule-12/paragraph-2",
  "json_url": "https://openlegislation.uk/finance-act-2012/schedule-12/paragraph-2.json",
  "legislation": "ukpga/2012/14",
  "legislation_title": "Finance Act 2012",
  "legislation_url": "https://openlegislation.uk/finance-act-2012",
  "path": "schedule/12/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "(1) Section 809C (claim for remittance basis by long-term UK resident: nomination of foreign income and gains to which section 809H(2) is to apply) is amended as follows.\n(2) In subsection (1), for paragraph (b) substitute—\n“(b) meets the 12-year residence test or the 7-year residence test for that year.”\n(3) After that subsection insert—\n“(1A) An individual meets the 12-year residence test for a tax year if the individual has been UK resident in at least 12 of the 14 tax years immediately preceding that year.\n(1B) An individual meets the 7-year residence test for a tax year if the individual—\n(a) does not meet the 12-year residence test for that year, but\n(b) has been UK resident in at least 7 of the 9 tax years immediately preceding that year.”\n(4) In subsection (4), for “£30,000” substitute\n“—\n(a) for an individual who meets the 12-year residence test for that year, £50,000;\n(b) for an individual who meets the 7-year residence test for that year, £30,000.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2012/14/schedule/12/paragraph/2",
    "retrieved_at": "2026-10-29T09:08:44.989153+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}