Annual investment allowance

Anti-avoidance provisions

Arrangements reducing disposal value of asset

Restriction of deduction for rental rebate

Restriction of qualifying expenditure

Arrangements reducing the disposal value of asset

Capital payments treated as income

Apportionments

Deduction where payment not made

Generally

Interpretation

Leases whose inception is pre-22 April 2009

Meaning of capital payment

Pre-12 March 2008 payments and obligations

Capital receipts to be treated as income

Bad debts

Capital payment, meaning

Definitions

Generally

Other property

Relevant capital payment, meaning

Company reconstructions, loss relief

Cushion gas

Finance leases and certain operating leases

Allocation of expenditure to chargeable period

Meaning of finance lease

Fixtures

Generally

Group relief

Lessee providing plant and machinery

Long funding leases

Long-life assets

Losses in leasing partnerships, restrictions

Conditions to be met

Generally

Interpretation

Oil extraction activities

Overseas leasing

Prohibited allowances

Reconstructions, loss relief

Rental rebates

Restriction of deduction for rental rebates

Restriction of qualifying expenditure

Calculation of present value

Generally

Rental rebates

Sale and finance leasebacks

Election for special treatment

Lessor not bearing non-compliance risk

Meaning

Parties' income or profits

Transitional provisions

Sale etc. of lessor companies or company in partnership

Short-life assets

Sideways loss relief restriction

Annual investment allowance

First-year allowances

Generally

Special leasing

Corporation tax

Income tax

Life assurance business

Meaning

Qualifying activity

Transfer of trade without change of ownership

Writing-down allowances