Share this content

Buy the freehold of 'my' lease

Buy the freehold of 'my' lease

LTD Co client looking at buying the freehold of their trading premises which they occupy under a lease from a non related party [ a FTSE co ]

they paid a premium for the lease - and are amortising this

if they do acquire the freehold within the same entity, presumably they will Cancel the lease [ tax implications ] and have to w/off the balance on the premium account

tax implications of this proposal - or at least a heads up + comments would be appreciated.

any other issues to consider ?

have agood weekend all !


Please login or register to join the discussion.

25th Jun 2010 16:21

I will answer this on Monday

if the All Blacks lose tomorrow.


Thanks (0)
Share this content