BLM70865 - 鈥橧ncome-into-capital鈥� schemes and back loaded leases: Back loaded leases: normal rent - when it accrues
There is no generally applicable parallel provision in Part 21 of CTA 2010 deeming 鈥榥ormal rent鈥� to accrue evenly over the period of the lease in question falling in a period of account.
In the case of rentals forming part of a lessor鈥檚 trading income, CTA09/S52 applies instead, often with the same result.
For the purposes of CTA10/S928 there is no equivalent of paragraph 3(6) (repealed for periods of account beginning on or after 1 April 1998) deeming property income to accrue evenly for the purpose of applying the Condition D (CTA10/S902(7)) which have to be satisfied before a lease comes within Chapter 1 of Part 21 of CTA 2010 (see BLM70561).