Property inducement payments: tax | Practical Law

Property inducement payments: tax | Practical Law

Inducement payments are commonly made when a lease is granted, surrendered or assigned. This note considers the VAT, SDLT, LTT and direct tax treatment of such property inducement payments (including premiums, reverse premiums, rent-free periods and contributions to tenant's fit out works).

Property inducement payments: tax

Practical Law UK Practice Note 7-531-6576 (Approx. 21 pages)

Property inducement payments: tax

by Julia Lloyd, Norton Rose Fulbright LLP
MaintainedUnited Kingdom
Inducement payments are commonly made when a lease is granted, surrendered or assigned. This note considers the VAT, SDLT, LTT and direct tax treatment of such property inducement payments (including premiums, reverse premiums, rent-free periods and contributions to tenant's fit out works).