BLM37005 | Taxation of leases that are not long funding leases: legal expenses: Expenses of negotiating a leaseFrom HM Revenue & Customs · Business Leasing ManualDetailsTwo issues arise:are legal expenses incurred in negotiating a lease revenue or capital in nature - see BLM37010; andif they are revenue in nature, when are they deducted for tax purposes - see BLM37035.Next