Extra-statutory concession
id:
extra-statutory-concession-260-7094662
title:
Extra-statutory concession
text:
An extra-statutory concession is a concept under United Kingdom tax law whereby HM Revenue and Customs grants certain concessions to taxpayers to mitigate their tax liabilities even though the relevant allowances would not strictly be allowed under the terms of the tax legislation. A commonly cited example is that luncheon vouchers are subject to an income tax concession of up to 15p per day under an extra statutory concession. Although they do not form part of either primary or subsidiary legis
brand slug:
wiki
category slug:
encyclopedia
description:
United Kingdom tax law concept
original url:
https://en.wikipedia.org/wiki/Extra-statutory_concession
date created:
date modified:
2022-05-19T02:21:28Z
main entity:
{"identifier":"Q16969693","url":"https://www.wikidata.org/entity/Q16969693"}
image:
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fields total:
13
integrity:
15