Paragraph 3

Section 809H (claim for remittance basis by long-term UK resident: charge) is amended as follows.

In subsection (1), for paragraph (c) substitute—

“(c)

the individual meets the 12-year residence test or the 7-year residence test for the relevant tax year.”

After that subsection insert—

“(1A)

See section 809C(1A) and (1B) for when an individual meets the 12-year residence test or the 7-year residence test for a tax year.”

In subsection (4), for “£30,000”, in each place it occurs, substitute “ the applicable amount ”.

After subsection (5A) insert—

“(5B)

The applicable amount” is—

(a)

if the individual meets the 12-year residence test for the relevant tax year, £50,000;

(b)

if the individual meets the 7-year residence test for the relevant tax year, £30,000.”