Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Business Leasing Manual

From
HM Revenue & Customs
Updated
, see all updates

’Income-into-capital’ schemes and back loaded leases: 'Income-into-capital' schemes: Purchase options: put options

In some income-into-capital schemes it may be possible for the option to rest at the Bank group end. Here there is a put option; that is, Bank has an option to sell the asset to Borrower for a capital sum (calculated in the finance lease manner explained at BLM71435).