§ The Paymaster General (Dawn Primarolo)The Inland Revenue will publish shortly an Extra Statutory Concession (ESC) to enable Armed Forces Reservists called up for active service in connection with the current conflict and who participate in their civilian employer's Inland Revenue approved share scheme, to continue to do so during their period of active service.
The ESC will ensure as far as practicable that Reservists who are members of such schemes continue to benefit from the tax and National Insurance Contributions advantages such schemes offer.
31WSThe ESC will be retrospective back to 7th January 2003, the date the first call up order was issued by the Secretary of State for Defence and will be followed up with legislation in next year's Finance Bill (2004).