Taxes Management Act 1970 section 12ZK

Amendment of NRCGT return by the taxpayer

Section 12ZK sets out the rules allowing a taxpayer to amend a non-resident capital gains tax (NRCGT) return after it has been submitted, including the time limits for doing so.

• A taxpayer may amend their NRCGT return after it has been delivered to HMRC.
• The amendment must be made within 12 months of the filing date for the return.
• This right to amend applies to returns made in respect of disposals of UK property by non-residents.
• The provision was amended by Finance Act 2019, Schedule 2, reflecting changes to the non-resident capital gains tax regime.

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