BIM41050 - Specific receipts: reverse premiums: contents

A reverse premium is a payment or other benefit received as an inducement to take on a lease or other interest in land. A reverse premium is treated for Income Tax and Corporation Tax purposes as a receipt of a revenue nature. If the transaction is entered into for the purposes of a trade, the reverse premium is a trade receipt. Otherwise, it is a receipt of a property business. The guidance on reverse premiums is arranged as follows.

  1. BIM41051
    Meaning of 바카라 사이트˜reverse premium바카라 사이트™ and terms used in connection with reverse premiums
  2. BIM41052
    The commercial background
  3. BIM41055
    The legislation
  4. BIM41060
    Tax treatment of the payer
  5. BIM41075
    Meaning of 바카라 사이트˜payment or other benefit바카라 사이트™
  6. BIM41085
    Fitting out costs
  7. BIM41090
    Contributions to fitting out costs on assets qualifying for capital allowances
  8. BIM41105
    Conveyance of a freehold
  9. BIM41110
    Assignment of a lease
  10. BIM41125
    Timing of the receipt: the normal case
  11. BIM41130
    Timing of the receipt: the avoidance case: how to recognise it
  12. BIM41135
    Timing of the receipt: timing in the avoidance case
  13. BIM41140
    Specific exclusions