SCHEDULES
SCHEDULE 2Returns for disposals of UK land etc
PART 1Returns and payments on account: disposals of UK land etc
15Making of assumptions, reasonable estimates etc
1
This paragraph applies if a person is required to make and deliver a return under this Schedule in respect of a disposal and, at any time after the completion of the disposal—
a
it becomes reasonable to expect that, by reference to the person’s residence, a provision of TCGA 1992 will apply,
b
it becomes reasonable to conclude that a provision of TCGA 1992 conferring a relief applies in relation to the disposal,
c
matters relevant to the application of section 1I of TCGA 1992 become known, or it becomes reasonable to make a different estimate of those matters, where an estimate of those matters was used in the return, or
d
the value of anything, or of any amount to be apportioned to anything, becomes known where an estimate was used in the return.
2
The person may (but need not) assume, for the purposes of this Schedule—
a
that there is an additional disposal to which this Schedule applies,
b
that the additional disposal completed at the later time by reference to which this paragraph applies, and
c
that the additional disposal is in all other respects a replication of the actual disposal.
3
In determining the amount of capital gains tax notionally chargeable as at the filing date for a return in respect of the additional disposal, the actual disposal is ignored.