SCHEDULES
SCHEDULE 7Payment of CGT exit charges
Penalties
3
1
Schedule 56 to FA 2009 (penalty for failure to make payments on time) is amended as follows.
2
In the Table at the end of paragraph 1, after entry 3B insert—
3C
Capital gains tax
Amount payable under a CGT exit charge payment plan entered into in accordance with Schedule 3ZAA to TMA 1970
The later of—
- a
the date falling 30 days after the date specified in section 59B of TMA 1970 as the date by which the amount is due to be paid, and
- b
the date on which the amount is payable under the plan.
3
In paragraph 3(1)(a), after “3B” insert “
, 3C
”
.