13 авг. 2024 г. · An increase in the value of the rental property can also be treated as a premium, where the renter is obliged to carry out work on the property.

The capital element of the premium is 2% thereof for each complete year of the lease (other than the first). The remainder is treated as additional rental ...

10 апр. 2016 г. · Why premiums are relevant to property income. A premium paid for a very long lease is clearly a capital sum. If it is paid for a shorter lease ...

15 дек. 2023 г. · Some part of the premium is treated like rent (and income tax is charged) and the remaining part is treated as a capital portion (and CGT ...

A premium paid for a very long lease is clearly a capital sum, as this is treated as a part disposal of the underlying freehold interest. In this case there ...

12 мар. 2016 г. · A premium is a capital sum paid to the landlord on the granting of a lease. A premium will normally be met where the rent payable under the lease is less than ...

When does income treatment apply to the tenant's payment? For the tenant, the premium is a capital payment which constitutes the CGT base cost of the lease.

For leases of more than 50 years, the premium is treated as a payment for a disposal of part of the property, giving rise to a capital gain in the hands of the ...

The payment of the lease premium to the lessor is generally considered to be a capital receipt for the lessor. A lease being granted, renewed or extended is ...

Moreover, the fact that premium under a lease or tenancy agreement is being regarded as capital expenditure by the payer does not necessarily turn it into a ...