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Forums › ACCA Forums › ACCA TX Taxation Forums › Meaning of Premium
Hello sir,
Just wanted to understand what premium in uk leasing of properties mean ?
Is it a large sum of overall rent paid in advance ?
Or is it key money one pays exclusive of rent, in order to acquire the rights to leasing ?
Thankyou
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https://opentuition.com/forum/ask-acca-tutor-forums/ask-the-tutor-acca-taxation-tx-uk-exams/
Hope this helps.
Yes I realised my error. Thankyou for response
You are welcome.