SCHEDULES
SCHEDULE 7Disposals of UK residential property interests by non-residents etc
PART 2Other amendments
56
(1)
In FA 2007, Schedule 24 (penalties for errors) is amended as follows.
(2)
In paragraph 1, in the table in sub-paragraph (4), after the entry relating to accounts in connection with a partnership return insert—
“Capital gains tax
Return under section 12ZB of TMA 1970 (NRCGT return).”
(3)
After paragraph 21B insert—
“Treatment of certain payments on account of tax
21C
In paragraphs 1(2) and 5 references to “tax” are to be interpreted as if amounts payable under section 59AA(2) of TMA 1970 (non-resident CGT disposals: payments on account of capital gains tax) were tax.”