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HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
Updated
, see all updates

Leases: Sch.A: example

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

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