Non-resident CGT: reporting to be made optional in prescribed circumstances | Practical Law

Non-resident CGT: reporting to be made optional in prescribed circumstances | Practical Law

It is understood that the Finance Bill 2016 will insert a new section in the Taxes Management Act 1970 relaxing the rules on filing non-resident capital gains tax returns, so that the submission of a return is optional in prescribed circumstances.

Non-resident CGT: reporting to be made optional in prescribed circumstances

Practical Law UK Legal Update 3-624-5392 (Approx. 3 pages)

Non-resident CGT: reporting to be made optional in prescribed circumstances

Published on 10 Mar 2016United Kingdom
It is understood that the Finance Bill 2016 will insert a new section in the Taxes Management Act 1970 relaxing the rules on filing non-resident capital gains tax returns, so that the submission of a return is optional in prescribed circumstances.