Test your understanding
(1). Wren was resident in the country of Twitcheria until she came to the UK on 1 July 2021. The split year treatment applied in the tax year 2021/22. She has been UK tax resident in all subsequent tax years. In the tax year 2025/26, Wren has overseas income of £23,100.
Explain whether or not Wren is entitled to make a foreign income claim in respect of the tax year 2025/26.
(2). Robin became tax resident in the UK for the first time in the tax year 2025/26. In this year he has overseas income of £38,000 and overseas gains of £1,900, as well as UK income of £40,000. Overseas tax has not been charged on his income or gains.
Explain whether Robin could, and if so whether he should, make claims under the FIG regime for the tax year 2025/26.
