The guidance is arranged in six parts:
Part 1,
BLM80100 onwards, covers the meaning of
a ‘business of leasing plant or machinery’.
Part 2,
BLM80300 onwards, covers the meaning of
a 'qualifying change in ownership'.
Part 3,
BLM80500 onwards covers the calculation
of the amount of income.
Part 5,
BLM81000 onwards, covers issues when a
company in partnership carries on the leasing business.
Part 6,
BLM82000 onwards covers anti avoidance
provisions and miscellaneous matters.
In cases of doubt or difficulty you should contact CT &
VAT (Technical) for further advice.
