More concessions reviewed

HMRC have published a technical note and call for evidence on withdrawing nine extra-statutory concessions (ESCs) from April 2017. Comments should be emailed to tap@hmrc.gsi.gov.uk by 27 January 2016.

The concessions to be withdrawn are:

• Para 9.8 Notice 708 – VAT: apportionment of works of approved alterations to a qualifying protected building
• A94 – Profits and losses of theatre backers (angels)
• A69 – Building societies: conversion to company status
• C1 – Credit for underlying tax: dividends from trade investments in overseas companies
• 6.2 Excise: hydrocarbon oil duties: duty-paid deliveries for refinery boilers
• BIM66301 Remuneration of sub-postmasters
• 3.23 VAT: supplies by Financial Ombudsman Services Ltd to ombudsman authorities
• 3.28 VAT: supplies by Financial Services Authority to self-regulating organisations
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