New mixed-use assets rules, lease payments and other measures now law

A recent change in legislation introduced new rulesGreen-question-mark-icon on the tax treatment of lease inducement payments and surrender payments.  From 1 April 2013, such payments are deductible for the payer and taxable for the recipient and are subject to spreading rules.

If you are negotiating or renewing commercial leases, we recommend talking to us to ensure any tax considerations are correctly taken into account.

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