Lease premiums
Additional calculation rules for reducing certain receipts
Allowable deductions
Generally
Mineral extraction allowances, limit on
Not occupying land but dealing with land
Restrictions on expenses
Amount treated
Amount treated as a receipt
Anti-avoidance provisions
Any lease
Assigned lease
Assignment of lease granted at undervalue
Certification from HMRC
Grant at an undervalue
Profit on an assignment
Capital gains tax
Capital gains tax considerations
Definition of lease premium (for CGT)
Long lease (landlord's position)
Long lease (tenant's position)
Short lease (landlord's position)
Short lease (tenant's position)
Short-term leases
Wasting assets
Charge to tax
Chargeable gains/allowable losses
Concept and purpose
Connected parties
Corporation tax
Appeals against determinations
Assignment of lease granted at undervalue
Deductions
Generally
Instalment payments
Leases, meaning
Lieu of rent
Premiums, meaning
Reduction in amount of premium charged
Revenue deduction, as
Sale of land with lease back
Sale of land with right to reconveyance
Short leases
Surrender of short-term lease
Variation or waiver of lease terms, payment for
Corporation tax receipts and deductions
Dealers in land
Deductions for
Deductions related payment
Definition
Delayed premiums or lump sum rents
Determinations affecting liability of more than one person
Appeals against
Tribunal by
Disposals under finance arrangements
Duration of a lease
Paid for grant of a lease of less than 50 years
Employer-provided accommodation
Generally
Grant of lease at undervalue
Grant of lease at undervalue, assignment for profit
Generally
Statement of accuracy
Income tax relief for tenant
Long lease
Short lease
Inducement payments
Long lease
Meaning
Non-cash benefit
Payment by installments
Payment of tax by instalments
Payments in lieu of rent
Receipts from property business
Additional calculation rules for reducing certain receipts
Amounts treated as receipts
Assignment for profit of lease granted at undervalue
Meaning of premium
Payment of tax by instalments
Pre-commencement receipts
Reduction of
Short-term lease
Sums paid
Sums payable instead of rent
Sums, meaning
Surrender of lease, sums payable
Tenant to carry out works
Variation or waiver in terms of lease, sums payable
Reconveyances
Reduction in amount of premium charged
Rent (distinguished)
Rent, sums payable instead of
Rent, treatment as
Revenue deduction, as
Reverse
Reverse premiums
Generally
Sale and leaseback
Sale of land with leaseback
Sale of land with right to reconveyance
Short lease
Short leases
Grant of lease at undervalue
Lump sum rents and surrender payments
Portion of premium treated as rent
Premium foregone treated as income
Sale and leaseback income charges
Sale proceeds as income where right to reconveyance
Waiver or variation of terms
Short-term lease
Generally
Meaning
Short-term leases
Generally
Surrender of
Short-term leases (CGT definition)
Statutory overview
Sublease granted out of short lease
Surrender of lease, sums payable for
Tax relief for tenant
Assigned lease
Long lease
Short lease
Taxed leases, relief from charge
Variation of lease terms
Variation or waiver of term of lease, sums payable for
Variations and waivers, payments for
Waiver or variation of terms
Work done by tenant
Work required on premises