Paragraph 56

In FA 2007, Schedule 24 (penalties for errors) is amended as follows.

In paragraph 1, in the table in sub-paragraph (4), after the entry relating to accounts in connection with a partnership return insert—

“

Capital gains tax

Return under section 12ZB of TMA 1970 (NRCGT return).

”

After paragraph 21B insert—

“Treatment of certain payments on account of tax

21C

In paragraphs 1(2) and 5 references to “tax” are to be interpreted as if amounts payable under section 59AA(2) of TMA 1970 (non-resident CGT disposals: payments on account of capital gains tax) were tax.”