CG70820 - Leases: granting of a lease: premiums
A premium is a capital sum paid to the landlord on the granting of a lease. A premium will normally be met where the rent payable under the lease is less than a full market rent. It will usually take the form of a cash payment but it could be in the form of money바카라 사이트™s worth, for example the tenant may agree to undertake certain work on the landlord바카라 사이트™s behalf and for the landlord바카라 사이트™s benefit, see also CG71040 for capital improvements made by the tenant.
In Scotland, a premium is usually called a grassum.
TCGA92/Sch 8/Para 10 (2) & (3)
The full definition of the term 바카라 사이트˜premium바카라 사이트™ for Capital Gains Tax purposes is contained in TCGA92/Sch 8/Para 10 (2) and (3), and includes any like sum, whether payable to the intermediate or a superior landlord.
Any sum (other than rent) paid on or in connection with the granting of a tenancy is presumed to have been paid by way of premium except where it can be shown that other sufficient consideration for the payment has been given.