Tax Relocation
Temporary Repatriation Facility
The Temporary Repatriation Facility (TRF) is a time-limited UK regime allowing former remittance-basis users to designate pre-6 April 2025 foreign income and gains and bring them into the UK at a reduced flat rate. It runs for three tax years from 6 April 2025.
Why it matters
The TRF and CGT rebasing are frequently presented as alternatives. They are sequential workstreams rather than a binary election, and treating them as either/or is the framing error we see most often. The facility is also time-boxed, so the planning question is one of sequencing within a closing window.
— Growth Capital Advisory Team
Also known as
TRF
Related terms
Sources
- HMRC, RDRM71000: Temporary repatriation facility — Introduction
Reference
Where this fits
Growth Capital publishes jurisdiction-by-jurisdiction analysis of what applies when residence changes — covering the UK, United States, Canada, Australia and the UAE.
Read the analysisDisclaimer. This definition is provided for general reference and does not constitute tax, legal, or financial advice. Rules and thresholds change, and individual circumstances vary significantly. Consult a qualified adviser before acting on it.