The FIG Regime – Prospective Plans

In addition to detailing changes to our CGiX software, this session will cover the income tax and capital gains tax implications for investors of the abolition of non-dom status for tax from 6 April 2025 and its replacement with the new ‘FIG’ regime. We will look at the main rules covering each type of individual who comes under the FIG regime: new arrivals from 2025, those who arrived recently, and individuals who have been in the UK for over four years. We will also explore specific aspects in more detail, such as determining whether income and assets are UK or non-UK and rebasing.