(1)Schedule 2 to FA 2019 (returns for disposals of UK land etc) is amended as follows.
(2)In paragraph 3(1)(b) (obligation to deliver a return on or before the 30th day following completion), for “30th” substitute “60th”.
(3)In paragraph 7 (calculation of capital gains tax notionally chargeable), after sub-paragraph (3) insert—
“(3A)In the case of a disposal to which this Schedule applies as a result of paragraph 1(1)(b) where a proportion of the chargeable gain accruing on the disposal is not a residential property gain, ignore that proportion for the purposes of this paragraph.”
(4)The amendments made by this section have effect in relation to disposals which have a completion date on or after 27 October 2021.