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HMRC concessions: technical consultation

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ESC A4 modifies the travel expenses rules in ITEPA 2003 ss 337-339 for directors and employees earning £8,500 a year or more. ESC A10 (Lump sums paid under overseas pension schemes) is largely obsolete following the introduction of ITEPA 2003 Part 7A. ‘However [it] continues to apply in respect of payments of lump sum relevant benefits, rights to receive which accrued to employees before 6 April 2011, whenever the lump sum is paid,’ HMRC said.

Comments are invited by 15 March 2013.

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