Non-Dom Status Ending in 2025? | Expert Guide to the New Foreign Income & Gains (FIG) Regime UK

Описание: Are you a UK resident with Non-Domicile (Non-Dom) tax status wondering how the new Foreign Income and Gains (FIG) regime from April 2025 will affect you?
This in-depth video by (MTA) My Tax Accountant breaks down everything you need to know about this historic UK tax reform that will reshape how foreign income and offshore assets are taxed for thousands of Non-Doms.

From the end of the remittance basis to the introduction of the 4-year FIG exemption, this video explains the changes in plain English — so you can take the right action before the rules take effect in April 2025.

🔍 What You’ll Learn in This Video

✅ What the Foreign Income and Gains (FIG) regime is and how it replaces the old Non-Dom system
✅ When the Non-Dom status officially ends (April 6, 2025)
✅ Key features of the new FIG regime:
 – 4-year exemption for foreign income & gains for new UK residents
 – No taxation or reporting for offshore income during exemption period
 – End of the “remittance basis” of taxation
✅ Transitional arrangements for existing Non-Doms, including:
 – 50% reduction on foreign income in 2025/26
 – Temporary Repatriation Facility (TRF) — a one-off 12% flat tax on previously untaxed foreign income/gains remitted to the UK
✅ What happens to Overseas Trusts under the new regime
✅ How capital gains, investment income, and inheritance tax exposure will change
✅ How to plan ahead to protect your wealth and avoid unnecessary UK tax exposure
✅ Step-by-step guidance for individuals affected by the change

💼 Background: What’s Changing in 2025

The UK Government has confirmed the abolition of the long-standing Non-Dom tax regime effective from the 2025/26 tax year.
In its place comes the Foreign Income and Gains (FIG) system, which grants new UK residents a 4-year tax-free period on foreign income and gains.

However, existing Non-Doms — those who have previously benefited from the remittance basis — will see major shifts in their tax obligations.
The transitional measures will apply for a limited period, giving taxpayers an opportunity to restructure overseas assets, review trusts, and plan remittances efficiently.

📊 Key 2025/26 Tax Highlights

Non-Dom status: abolished from 6 April 2025

FIG regime: applies to individuals resident in the UK for less than four tax years within the previous ten

Foreign Income Exemption: foreign income and gains will not be taxed or need to be reported during the FIG window

Transitional Rules (2025/26):
 • 50% reduction on foreign income tax exposure for one year
 • 12% Temporary Repatriation Facility on remitted funds
 • Existing overseas trusts continue to enjoy some protection — but only if properly structured

🧮 How to Prepare Before 6 April 2025

Review your residency and domicile status with a qualified tax adviser

Consider repatriating foreign income under the 12% TRF opportunity

Evaluate whether to create or adjust trust structures before April 2025

Seek professional help to optimise timing of asset disposals

Ensure compliance with HMRC reporting obligations post-transition

If you need personalised guidance, MTA (My Tax Accountant) can help you analyse your specific case, identify exposure risks, and implement the most tax-efficient plan under the new FIG rules.

📞 Contact MTA (My Tax Accountant)

Our UK-based team of tax experts specialises in international and expatriate taxation. Whether you are transitioning from Non-Dom status or planning your move to the UK, we can help you navigate this complex reform confidently.

📱 WhatsApp / Phone: 07854 255375
📧 Email: [email protected]

🌐 Visit: www.mytaxaccountant.co.uk

Get professional, confidential advice tailored to your circumstances from MTA (My Tax Accountant) — trusted experts in UK tax compliance and advisory.

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⚠️ Disclaimer

This video and its description are for informational and educational purposes only and do not constitute financial, legal, or tax advice. Tax legislation may change, and individual circumstances vary. Always seek personalised advice from a qualified tax professional such as MTA (My Tax Accountant) before acting on any information.
Neither the video creator nor MTA accepts any liability for actions taken based on this content.