SCHEDULES
SCHEDULE 2Returns for disposals of UK land etc
PART 2Notification of chargeable amounts, amendments of returns, enquiries etc
18Requirement to notify HMRC of amounts chargeable to tax
1
A person is not required to give a notice under section 7 of TMA 1970 merely by reference to a chargeable gain accruing on a disposal if—
a
the person delivers a return under this Schedule in respect of the disposal, and
b
the return is delivered before the end of the notification period within the meaning of that section.