BIM64135 - Private Finance Initiative (PFI): accounting and tax: income and expenditure recognition: table of examples
PFI property
| Tax treatment | Accounting treatment | Accounting treatment | Accounting treatment |
|---|---|---|---|
| Revenue | Fixed asset | Finance debtor | Finance debtor |
| Revenue | FRS5 | FRS5 | SSAP9/FRS5 |
| Revenue | Example 1 (BIM64140) | Example 2 (BIM64145) | Example 3 (BIM64150) |
| Capital | Example 4 (BIM64155) | Example 5 (BIM64160) | Example 6 (BIM64165) |
The above examples do not deal with the tax treatment of interest, for which special statutory rules apply (see BIM64240 onwards).