Member

I turn to the amendments to clause 40 and schedule 9, which abolishes the remittance basis of taxation from 6 April. The amendments make changes to correct references to domicile found in other legislation, as well as ensuring that the rules around remittances of intangible assets work as intended. In addition, the amendments will ensure that individuals who have made remittances while non-resident for a long period will not be taxed if they use the amounts previously remitted after resuming their UK residence.