Assertion: extra statutory concession | /r/HasProperty | concept
Facets:
value: under united kingdom tax law
type: LOCATION
Source sentences:
text: An extra-statutory concession (or ESC) is a concept under United Kingdom tax law whereby HM Revenue and Customs grants certain concessions to taxpayers to mitigate their tax liabilities even though the relevant allowances would not strictly be allowed under the terms of the tax legislation.