Notification, assessment & payment
Where the legislation applies to a non-UK resident company the company will be treated as having a trade of dealing in or developing UK land. Both resident and non-resident companies and individuals will need to notify chargeability and register to pay tax.
There are no separate filing or payment rules for this legislation. The normal self-assessment regime for income tax and corporation tax will apply.
To register for self-assessment companies will need to write to the below address notifying HMRC of chargeability to CT by virtue of S.5B CTA 2009.
Corporation Tax Services
HM Revenue and Customs
Individuals will need to register for self-assessment and notify chargeability to HMRC. Guidance on how to register for self-assessment can be found on https://www.gov.uk/topic/personal-tax/self-assessment