SolvedSection 70P | The useful economic life test
From legislation.gov.uk
A lease meets the useful economic life test if the term of the lease is more than 65% of the remaining useful economic life of the leased plant or machinery.F1
From legislation.gov.uk
A lease meets the useful economic life test if the term of the lease is more than 65% of the remaining useful economic life of the leased plant or machinery.F1