BIM46250 | Specific deductions: premiums: contents
From HM Revenue & Customs · Business Income Manual
This chapter deals with the deductions which can be made in calculating the profits of a trade where a premium is paid for a lease of no more than 50 years and the land subject to the lease is used by the tenant in connection with a trade.
For guidance on reverse premiums, see onwards.
The guidance is arranged as follows:
Contents8 entries
- BIM46251Specific deductions: premiums: introduction
- BIM46255Specific deductions: premiums: calculation of revenue expense
- BIM46260Specific deductions: premiums: artificial leasing transactions
- BIM46265Specific deductions: premiums: assignment of lease
- BIM46270Specific deductions: premiums: tied premises
- BIM46275Specific deductions: premiums: Falkirk & Lennard cases
- BIM46280Specific deductions: premiums: prevention of double allowance
- BIM46285Specific deductions: premiums: office procedure