Accountancy rental earnings

Commentary – Tax Reporter ¶1062-300

Allocation of rentals under leases

Commentary – Tax Reporter ¶1061-000

Bad debts

Commentary – Tax Reporter ¶1062-400

Capital gains

Deemed disposal and reacquisition of asset

Commentary – Tax Reporter ¶1067-400

Indexation allowance

Commentary – Tax Reporter ¶1067-500

Receipt of a capital sum under the lease

Commentary – Tax Reporter ¶1067-100

Restriction of losses

Commentary – Tax Reporter ¶1067-300

Rules subject to CTA 2010, Pt. 21

Commentary – Tax Reporter ¶1067-000

Sale of equipment

Commentary – Tax Reporter ¶1067-200

Taper relief

Commentary – Tax Reporter ¶1067-600

Capital payments in respect of a lease

Commentary – Tax Reporter ¶1065-500–Tax Reporter ¶1065-900

Court ruling for lessees

Commentary – Tax Reporter ¶1061-200

Finance Act 1997 changes

Conditions of Ch. 2

Commentary – Tax Reporter ¶1062-200

Provisions

Commentary – Tax Reporter ¶1062-100

Purpose

Commentary – Tax Reporter ¶1062-000

Generally

Commentary – Tax Reporter ¶1060-000

Income profits as non-trader

Computation of miscellaneous income

Commentary – Tax Reporter ¶1066-200
Case Law – GREY v. TILEY (H.M. INSPECTOR OF TAXES). ; THE COMMISSIONERS OF INLAND REVENUE v. THE FORTH CONSERVANCY BOARD. ; THE HUMBER CONSERVANCY BOARD v. BATER (Surveyor of Taxes). ; WYLIE v. ECCOTT (Surveyor of Taxes).

Interest relief

Commentary – Tax Reporter ¶1066-300
HMRC Guidance – PIM2105
Case Law – 1. CURTIS BROWN, LTD. (AS AGENTS FOR STELLA BENSON, D. H. LAWRENCE AND PETER B. KYNE) v. JARVIS (H.M. INSPECTOR OF TAXES). 2. JARVIS (H.M. INSPECTOR OF TAXES) v. CURTIS BROWN, LTD. (AS AGENTS FOR STELLA BENSON, D.H. LAWRENCE AND PETER B. KYNE).

Rental income

Commentary – Tax Reporter ¶1066-000–Tax Reporter ¶1066-100
Case Law – Campbell and Another v. Commissioners of Inland Revenue ; HILL v. GREGORY (Surveyor of Taxes). ; In re Hanbury (deceased); Comiskey and Others v. Hanbury ; Rank Xerox Ltd. v. Lane (H.M. Inspector of Taxes) ; THE RIGHT HONOURABLE RICHARD GEORGE PENN CURZON-HOWE (EARL HOWE) v. THE COMMISSIONERS OF INLAND REVENUE.

Income profits as trader

Commentary – Tax Reporter ¶1060-100–Tax Reporter ¶1060-900

Long funding lease, taxation of the lessor

Accounting profits and taxable profits, difference

Commentary – Tax Reporter ¶1068-400

Finance lease

Commentary – Tax Reporter ¶1068-020

Generally

Commentary – Tax Reporter ¶1068-000

Lessee under a lease

Commentary – Tax Reporter ¶1068-200

Operating lease

Commentary – Tax Reporter ¶1068-040

Operating lease – additional calculation on termination

Commentary – Tax Reporter ¶1068-080

Operating lease – periodic deduction

Commentary – Tax Reporter ¶1068-050

Operating lease example

Commentary – Tax Reporter ¶1068-060

Plant or machinery as trading stock

Commentary – Tax Reporter ¶1068-100

Subletting when interest is acquired through a lease

Commentary – Tax Reporter ¶1068-300

Other provisions

Commentary – Tax Reporter ¶1062-500

Recognition of profits

Commentary – Tax Reporter ¶1061-100

Sale and finance lease-back

Generally

Commentary – Tax Reporter ¶1063-000

Rules application

Commentary – Tax Reporter ¶1063-500

Transitional commencement provisions

Commentary – Tax Reporter ¶1063-600

Separating trades

Commentary – Tax Reporter ¶1065-400
Case Law – THE GLOUCESTER RAILWAY CARRIAGE AND WAGON CO., LTD. v. THE COMMISSIONERS OF INLAND REVENUE.

Trading expenses and interest

Bad debt relief

Commentary – Tax Reporter ¶1065-300

Generally

Commentary – Tax Reporter ¶1064-000
Case Law – Odeon Associated Theatres Ltd. v. Jones (H.M. Inspector of Taxes) ; THE LAW SHIPPING CO., LTD. v. THE COMMISSIONERS OF INLAND REVENUE.

Interest on borrowed funds

Commentary – Tax Reporter ¶1064-100–Tax Reporter ¶1065-100

Rebate of rentals

Commentary – Tax Reporter ¶1065-200