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Meaning of Premium

This topic has 3 replies, 2 voices, and was last updated 3 months ago by mrjonbain.

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April 27, 2022 at 2:04 pm #654484
Asif110
- Topics: 56
- Replies: 107
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
April 28, 2022 at 1:01 pm #654540
mrjonbain
Moderator
- Topics: 1
- Replies: 1285
This forum is primarily designed for students to help one another. If you want to ask the tutor something directly, please use the ask the tutor forum-

https://opentuition.com/forum/ask-acca-tutor-forums/ask-the-tutor-acca-taxation-tx-uk-exams/

Hope this helps.
May 1, 2022 at 4:12 am #654690
Asif110
- Topics: 56
- Replies: 107
Yes I realised my error. Thankyou for response
May 1, 2022 at 12:43 pm #654717
mrjonbain
Moderator
- Topics: 1
- Replies: 1285
You are welcome.
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