BLM38000 | Taxation of leases that are not long funding leases: operating leases: contents

Guidance on taxing operating leases is at –

BLM00505 for operating lessors

BLM00510 for operating lessees

See BLM40000 onwards where the lease is a long funding lease.

Guidance on the taxation of operating lease incentives (BLM12025) is at BIM41050 onwards (reverse premiums).