Extra-statutory concessions (ESCs) covering input VAT prior to insolvency, non-resident trusts and inheritance tax on woodlands will be enacted into legislation from 6 April 2017.

The ESCs to be enacted are:

  • ESC D40: Non-resident trusts: definition of participator
  • ESC F15: Woodlands.
  • ESC 3.20: VAT Bad Debt Relief and insolvent businesses: revocation of clawback.


The draft Statutory Instrument to enact these ESCs can be found here.

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