Chapter 4 march 19 exams lecture – 6.2 leases trading profit reductionsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Chapter 4 march 19 exams lecture – 6.2 leases trading profit reductionsThis topic has 1 reply, 2 voices, and was last updated 5 years ago by Tax Tutor.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts February 23, 2019 at 5:57 pm #506339 timmyjaneMemberTopics: 4Replies: 2☆The lessee paid 70000 for a 21 year lease. The annual allowance was based on 42000 giving a 2000 annual allowance. How was the 28000 balance not accounted for in the lecture accounted for in the accounts …. an asset to the balance sheet? Thank you.Timmyjane. February 28, 2019 at 2:52 pm #506853 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆This is a tax exam not a financial reporting exam and the tax treatment of the capital element is outside the syllabusAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In