Taxes Management Act 1970 section 12ZC

Single return in respect of two or more non-resident CGT disposals

Section 12ZC allows a person who makes two or more non-resident capital gains tax (CGT) disposals to file a single combined return instead of separate returns for each disposal.

• Where a person completes two or more non-resident CGT disposals, they may submit one combined return covering all those disposals rather than filing individual returns for each one.
• This simplification reduces the administrative burden on non-residents who dispose of multiple UK property interests within the relevant reporting period.
• The single return must still contain all the information that would have been required if separate returns had been made for each disposal.
• This provision was amended by Finance Act 2019 to align with the expanded scope of non-resident CGT rules applying to both direct and indirect disposals of UK property.

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