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Cover when and why PESMs are likely to be needed
Partial exemption frameworks for partial exemption special methods (PESMs) in specific sectors of the UK economy are additional guidance put together by HMRC with the assistance and involvement of sector representative bodies.
They cover when and why PESMs are likely to be needed in the sector, and are aimed at allowing special methods to be agreed which are fair and consistent with the minimum of time and costs to both parties.
Frameworks for housing associations and higher education institutions are available online.
