We would love to hear your thoughts, concerns or problems with anything so we can improve!
Feedback Submitted
Thank you for submitting your feedback
HMRC new PESM application tool
16 August 2021 Andrea Marshall, Tax Specialist
HMRC have issued a new tool “Apply for a Partial Exemption Special Method”. This appears to act as a checklist to work through when applying for a Partial Exemption Special Method, enabling you to upload documents. You access it using a code that is sent to your email address.
It sets out (with links to various supporting documents):
What you need to upload
What to include in your proposal document
Links to information on apportionment methods and sectors
Reminders, such as showing the allocation between sectors, why your current method is not fair and reasonable, whether you are proposing a PESM under a Partial Exemption Framework (this includes a link to the HEI framework that BUFDG has negotiated with HMRC), whether the business has plans to change its main activities’ whether you want a combined business/non-business PESM, when you want the partial exemption tax year to end, when you want your PESM to start, when you want to carry out your annual adjustment, definitions of terms which do not have their usual meaning or could be ambiguous , details of supplies made, supplies received and self-supplies
Worked example of the proposed PESM and what to include in it
Fair and reasonable declaration
Additional documents to help HMRC understand your proposal.
This site uses cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of the site and services and assist with our member communication efforts.
Privacy Policy.
Accept cookies
Cookie Settings
Your Privacy
When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalised web experience.
Because we respect your right to privacy, you can choose not to allow some types of cookies. Look at the cookies we use below to help you make an informed decision. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.
You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information
Cookies Used
Microsoft - ASP.NET_SessionId – keeps you logged in for a set period of time, so that you don’t have to keep logging in
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site.
All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance
16 August 2021 
Andrea Marshall, Tax Specialist
