Related Commentary  Related HMRC Manuals

681AA(1)  Section 681AD has effect if–

(a)land, or an estate or interest in land, is transferred,

(b)the transferor, or a person associated with the transferor, becomes liable to make a payment of rent under a lease of the land or part of it, and

(c)a deduction by way of relevant income tax relief (see section 681AC) is allowed for the payment.

681AA(2)  Section 681AE has effect if–

(a)land, or an estate or interest in land, is transferred,

(b)the transferor, or a person associated with the transferor, becomes liable to make a payment of rent under a lease of the land or part of it, and

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