BLM70505 - ‘Income-into-capital’ schemes and back loaded leases: Definition of a Chapter 2 of Part 21 of CTA 2010 lease: Condition A: incorrect treatment in group consolidated accounts

A finance lease may have been wrongly treated as operating lease in consolidated accounts drawn up under GAAP. You should follow the approach set out in BLM70430 (regarding the treatment at lessor level), suitably adapted.