BIM64135 | Private Finance Initiative (PFI): accounting and tax: income and expenditure recognition: table of examples
From HM Revenue & Customs · Business Income Manual
PFI property
| Tax treatment | Accounting treatment | Accounting treatment | Accounting treatment |
|---|---|---|---|
| Revenue | Fixed asset | Finance debtor | Finance debtor |
| Revenue | FRS5 | FRS5 | SSAP9/FRS5 |
| Revenue | Example 1 () | Example 2 () | Example 3 () |
| Capital | Example 4 () | Example 5 () | Example 6 () |
The above examples do not deal with the tax treatment of interest, for which special statutory rules apply (see onwards).