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Contents

Official guidance
Business Leasing Manual

BLM30005 · Taxation of leases that are not long funding leases: tax advantages

  • BLM30010 · Introduction
  • BLM30015 · Continued attraction of leasing
  • BLM30020 · Timing advantages
  • BLM30025 · Comparing profits from finance leasing and lending
  • BLM30030 · Comparing leasing and lending - commercial accounting position
  • BLM30035 · Comparing finance leasing and lending - tax position
  • BLM30040 · Examples comparing a loan and a finance lease, part 1 of 3
  • BLM30045 · Examples comparing commercial profits of the parties, part 2 of 3
  • BLM30050 · Examples comparing taxable profits of the parties, part 3 of 3
  • BLM30055 · Where the borrower or lessee is not liable to tax
  1. Taxation of leases that are not long funding leases: tax advantages: contents
  2. Taxation of leases that are not long funding leases: tax advantages: where the borrower or lessee is not liable to tax

BLM30055 | Taxation of leases that are not long funding leases: tax advantages: where the borrower or lessee is not liable to tax

From HM Revenue & Customs · Business Leasing Manual

Where the borrower or lessee are not liable to tax their tax bills will both be nil. Forthe lender and lessor the net taxable profit at the end of the day remains the interest turn in both cases - £20 in the examples at BLM30040.

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