The remittance basis applies automatically without a formal claim (see E6.324F) in two situations. For an overview of the remittance basis, see E6.324A.
These are firstly, individuals with unremitted remittance basis income and gains of less than £2,000 for the tax year and secondly, individuals with minimal UK income or gains and no remittances for the tax year.
Where an individual automatically qualifies for the remittance basis under ITA 2007, ss 809D or 809E, their entitlement to personal allowances and the CGT annual exempt amount are unaffected.
A self assessment tax return does not need to be submitted in order to make HMRC aware of the automatic entitlement, however if a tax return has to be submitted for other reasons, the necessary questions on the residence, remittance basis etc supplementary pages must be completed.
Unremitted remittance basis income and gains of less than £2,000
Where a UK-resident individual has unremitted foreign income and gains of less than £2,000 for the tax year, the remittance basis applies automatically unless the individual gives notice in a return that it is
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