.png)
.png)
HEATHER MILLER investigates the rather scary subject of assignments, grants and premiums
KEY POINTS
- Explaining the difference between assignments and grants of leases.
- TCGA 1992 Sch 8 – the importance of the 50-year term.
- Depreciating the allowable cost in accordance with the TCGA 1992 Sch 8 table.
- Calculating the income element of a premium.
- Calculations for sub-leases.
Leases: they’re tricky little blighters popping up all over the place with their awkward income tax and capital gains tax calculations.
Long short assignment grant... I must admit that when our really rather good ATT tutor started explaining them to us on the second day of our course my immediate reaction was...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
