
On 9 August 2016, HMRC released a consultation document to flag some potential tax impacts that a forthcoming change in lease accounting may have on the funding of plant and machinery. From 2019, lessees using IFRS (including FRS 101), as opposed to FRS 102 (UK GAAP), will no longer have to distinguish between finance and operating leases. All leases (except some small value leases or very short l ... Ler mais