Leasing an AssetForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Leasing an AssetThis topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts October 27, 2021 at 8:31 am #639187 tabasumzeParticipantTopics: 40Replies: 48☆☆While leasing an asset, the owner of the asset pays tax and not the lessee. In that case why is the tax relief cash flow relevant in calculating lease payments? October 27, 2021 at 3:22 pm #639238 John MoffatKeymasterTopics: 57Replies: 54804☆☆☆☆☆The lessee pays tax on their income less their expenses. The lease payments are allowable for tax and therefore result in a tax saving. October 27, 2021 at 5:37 pm #639259 tabasumzeParticipantTopics: 40Replies: 48☆☆Ohh, now I get it..thank you so much. October 28, 2021 at 8:00 am #639279 John MoffatKeymasterTopics: 57Replies: 54804☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Leasing an Asset’ is closed to new replies.