Land leasing Relief for certain income, leasing of farm land

Land Leasing Exemption

The land leasing exemption is available to land owners who let their land under a qualifying lease A qualifying lease: is in writing or evidenced in writing. contains the names and addresses of the lessor(s) and lessee(s). specifies the acreage, address, location etc of the land. sets out the terms of the lease. is signed … Read moreLand Leasing Exemption

energy effiicient, energy efficient equipment, accelerated capital allowances, energy savings

Energy efficient equipment accelerated capital allowances

Energy-efficient equipment is eligible for accelerated capital allowances of 100% in the year of purchase. Energy efficient equipment purchased must be: New Owned by the Company or unincorporated business. Wholly and exclusively used for the purposes of the trade. In use by the business at the end of the accounting period It must be on … Read moreEnergy efficient equipment accelerated capital allowances

Categories TAX