Amortisation of Lease

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:25AM in AAT student discussion
Hi,

This may be a really daft question but can someone explain the above please. It's come up in the Business tax unit in regards to recalculating trading profits but I've got no idea what it means!

Thanks
Rachel

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Amortisation of Lease

    Hi Rachel.

    Amortisation is like depreciation - it shows a reduction in value.

    Scott.

Categories

Privacy Policy