Chapter 2 Finance leases with return in capital formF1
- Introduction
- Leases to which this Chapter applies
- Current lessor taxed by reference to accountancy rental earnings
- Reduction of taxable rent by cumulative rental excesses
- Relief for bad debts by reduction of cumulative rental excesses
- Effect of disposals
- Capital allowances: claw-back of major lump sum
- Schemes to which this Chapter does not at first apply
Annotations
Textual amendments
- F1
Pt. 11A Ch. 2 inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 3 para. 3 (with Sch. 9 paras. 1-9, 22)
Notes on Part 11A
Textual amendments
- F1
Pt. 11A inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 3 para. 2 (with Sch. 9 paras. 1-9, 22)