Transcription of Extra-Statutory Concessions - GOV.UK
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Extra-Statutory Concessions - GOV.UK
Extra-Statutory Concessions Concessions as at 6 April 2018 The Civil Partnership Act (CPA) received Royal Assent on 18/11/2004 and became effective from 5 December 2005. The Government s commitment is that, for all tax purposes, same-sex couples who form a civil partnership will be treated the same as married couples. As part of this commitment to tax parity, from 5 December 2005 all extra statutory Concessions (ESCs) or Statements of Practice (SoPs) should be taken as extended to apply equally to civil partners and married couples. Introduction This guide details the Extra-Statutory Concessions previously operated by Inland Revenue in use at 6 April 2018. Extra-Statutory Concessions previously operated by HM Customs & Excise can be found in Notice 48 at An Extra-Statutory concession is a relaxation which gives taxpayers a reduction in tax liability to which they would not be entitled under the strict letter of the law. Most Concessions are made to deal with what are, on the whole, minor or transitory anomalies under the legislation and to meet cases of hardship at the margins of the code where a statutory remedy would be difficult to devise or would run to a length out of proportion to the intrinsic importance of the matter.
A13. Administration of estates: deficiencies of income allowed against income of another year A14. Deceased person's estate: residuary income received during the administration period A15. Dependent relative allowance A16. Annual payments (other than interest) paid out of income not brought into charge to income tax A17.
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