Finance Leasing Manual - FLM2.01

Overview of lease accounting and taxation

The following paragraphs give a brief overview of the accounting and tax treatment of finance and operating leases. There is a more detailed view on

  • the accountancy treatment of finance leases, at FLM4.01 onwards
  • the tax treatment of finance leasing, at FLM5.01 onwards
  • the accountancy treatment of finance lessees, at FLM10.01 onwards
  • the tax treatment of finance lessees, at FLM11.01 onwards
  • the accountancy and tax treatment of finance lessors, at FLM20.01 onwards.



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