Schedule 1 UK resident individuals to whom the remittance basis appliedF1F2
United Kingdom
- Foreign gains treated as accruing when remitted to UK
- Use of allowable losses against foreign gains remitted in later year
- Matching rules for relieving allowable losses
- Rules for matching losses to chargeable gains
- Definitions
Annotations
Textual amendments
- F1
Sch. 1 substituted (with effect in accordance with Sch. 1 paras. 120, 123 of the amending Act) by Finance Act 2019 (c. 1), Sch. 1 para. 13
- F2
Words in Sch. 1 heading substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(7)(a)