Equipment leasing: tax: introduction | Practical Law

Equipment leasing: tax: introduction | Practical Law

This practice note outlines a typical lease finance transaction and the tax principles behind UK leasing. This includes outlining the two ways in which the UK currently taxes lease finance: one applies to long funding leases and hire purchase leases, while the other applies to leases that are neither long funding leases nor hire purchase leases.

Equipment leasing: tax: introduction

Practical Law UK Practice Note 7-107-3737 (Approx. 14 pages)

Equipment leasing: tax: introduction

MaintainedUnited Kingdom
This practice note outlines a typical lease finance transaction and the tax principles behind UK leasing. This includes outlining the two ways in which the UK currently taxes lease finance: one applies to long funding leases and hire purchase leases, while the other applies to leases that are neither long funding leases nor hire purchase leases.