deduction for lease premiumForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › deduction for lease premiumThis topic has 2 replies, 2 voices, and was last updated 6 years ago by iloveaccountancy.Viewing 3 posts - 1 through 3 (of 3 total) AuthorPosts November 22, 2017 at 10:22 am #417364 iloveaccountancyMemberTopics: 119Replies: 111☆☆☆HiI have become confused about the deduction for lease premiums, in corporation tax liability.In a situation where a business has brought a lease tenancy:I understand that it is: the premium-(deduction of Premium(Lease-1)*2%).However the result of the above calculation is called “assessable as property business income on landlord”.Who does the word landlord refer to here? the leasing business? November 22, 2017 at 3:03 pm #417420 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆The lessor November 22, 2017 at 4:06 pm #417443 iloveaccountancyMemberTopics: 119Replies: 111☆☆☆Thank you.AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In