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Henry grants a 20-year commercial lease on 6th April 2020 and charges a lease premium...

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Accounting

Henry grants a 20-year commercial lease on 6th April 2020 and charges a lease premium of 16,400. What is the income element of the lease premium taxable as property income on Henry for 2020/21? Select one: a. 6,232 b. 312 c. 10,168 d. 508

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