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Responses to consultation on legislating ESCs

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HMRC has published a summary of responses to its consultation on legislating ESC A37 (treating directors’ fees as trading income); EIM3002 (treating professional practitioners’ incidental employment income as trading income); EIM01120 (exempting financial loss allowance paid to employees by public bodies); and EIM61030 (treating payments from medical committees to members as trading income). See

The draft Enactment of Extra-Statutory Concessions Order 2018 was laid on 15 January and will come into force on 6 April 2018.