ERSM161230 - Remittance of FSI and the interaction with capital gains: unremitted FSI

“Unremitted foreign securities income” is defined in TCGA92/S119B(2) as meaning income that:

• is foreign securities income for the purposes of ITEPA03/S41A (employment income from ERS charged on remittance basis), and
• has not been remitted to the United Kingdom by the end of the tax year in which the disposal mentioned in TCGA92/S119A(1) occurs.