Taxes Management Act 1970 section 12ZL

Correction of NRCGT return by HMRC

Section 12ZL allows HMRC to correct obvious errors or mistakes in a non-resident capital gains tax (NRCGT) return, and gives the taxpayer the right to reject any such correction.

• HMRC may correct obvious errors or mistakes in an NRCGT return, including anything that HMRC regards as an incorrect statement or omission.
• Any correction must be made within nine months of the date the return was actually filed with HMRC.
• A correction is made by HMRC issuing a notice to the taxpayer specifying the changes made to the return.
• The taxpayer can reject the correction by amending the return to reverse it, provided they do so within 30 days of receiving HMRC's notice of correction.