Background

Reverse premiums are, most commonly, payments or benefits given by landlords to prospective tenants to induce them to enter into a lease and, prior to specific legislation enacted with effect from 9 March 1999, were often treated by the tenant as capital receipts. However, as the tenant did not dispose of an interest in any asset (indeed the tenant acquired an asset - the lease), it was considered no capital gain could arise.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.