BLM52045 - IFRS 16 Leases: IFRS 16 Lessees: Future Periods

The spreading calculation need only be performed once, in respect of right of use assets recognised in the first period in which IFRS 16 is adopted.

For any leases entered into in that period, or in later periods, the tax implications are as described in BLM50000 and BLM51000.