HMRC internal manual

Business Leasing Manual

BLM70570 - ‘Income-into-capital’ schemes and back loaded leases: Definition of a Chapter 2 of Part 21 of CTA 2010 lease: Condition D: meaning of 'accountancy rental earnings'

‘Accountancy rental earnings’ are defined in CTA10/Ss897 and 898 in two stages:

  • CTA10/S898 defines ‘rental earnings’ - see BLM70575.
  • CTA10/S897 then defines ‘accountancy rental earnings’ - see BLM70580.