Part 3 Consequential Amendments
Finance Act 2019 (2019 c 1) | Legislation

Part 3 Consequential Amendments

Amendments of TMA 1970

25

(1)     TMA 1970 is amended as follows.

(2)     Omit section 7A (disregard of certain NRCGT gains for purposes of section 7).

(3)     Omit sections 12ZA to 12ZN (NRCGT returns) and the italic heading before those sections.

(4)     In section 28A (completion of enquiry into personal or trustee return)—

(a)     in subsection (1), omit “or 12ZMâ€, and

(b)     in the heading, omit “or NRCGT returnâ€.

(5)     Omit section 28G (determination of amount notionally chargeable where no NRCGT return delivered).

(6)     In section 29 (assessment where loss of tax discovered), omit subsection (7)(a)(ia).

(7)     Omit section 29A (non-resident CGT disposals: determination of amount which should have been assessed).

(8)     In section 34 (ordinary time limit of 4 years), omit subsection (1A).

(9)     In section 42 (procedure for making claims etc), in subsection (11)(a)—

(a)     omit “12ZBâ€, and

(b)     after “12AA of this Act†insert “or a return under Schedule 2 to the Finance Act 2019â€.

(10)     After section 59A insert—

“59AZA Payments on account of capital gains tax: disposals of land etc

For provision requiring payments to be made on account of capital gains tax, see Schedule

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