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

HMRC internal manual

Capital Gains Manual

Leases: part of premium chargeable as income: example

A 25 year lease is granted for a premium of £40,000. The amount chargeable as income is:

 

 

£40,000 - (£40,000 x 24) = £40,000 - £19,200 = £20,800
             
    50