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BIM46805 | Specific deductions: rent and rates: leasing

From HM Revenue & Customs · Business Income Manual

Guidance on:

  • The commercial background and accountancy treatment of leasing is in the Business Leasing Manual at BLM00001 onwards.

  • The taxation of leases is at BLM30000 onwards, BLM40000 onwards and BLM50000 onwards.

  • Anti-avoidance legislation on leased trading assets and leased capital sums is at BIM61200 onwards.

  • Anti-avoidance legislation on sale and leaseback of land is at BIM61300 onwards.

  • Income from property is in the Property Income Manual (PIM).