lease accounting standard
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Fleet industry news 14 Feb 2018Accounting changes may prompt fleets to switch to rolling rentals
Rental companies are talking up rolling rental deals as a way for fleets to avoid new lease accounting rules that require vehicles to be reported on balance sheets.
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Leasing news 2 Nov 2016Don’t let new lease accounting standards ‘fall off the radar’
January 2019 seems like a long time away but it will come around quickly
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Fleet industry news 11 Aug 2016Government launches three consultations on tax policy affecting fleets
The Government has issued consultations on salary sacrifice schemes, lease accounting and company car tax treatment of ultra-low emission vehicles (ULEVs).
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Leasing news 31 Mar 2016CHP Consulting publishes white paper on lease accounting reform
CHP Consulting has published the final version of its whitepaper on changes in international lease accounting standards.
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Leasing news 30 Nov 2015
Leasing tax changes will affect fleet account books
Fleet managers will need to prepare for changes to tax rules if new global lease accounting standards are introduced from January 1, 2019.
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Fleet industry news 22 Oct 2014CHP Consulting publishes 2014 whitepaper on lease accounting reform
CHP Consulting has produced a newly updated whitepaper on changing standards in lease accounting, to address the latest output from the IASB and FASB.
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Leasing news 2 Dec 2013Financial reporting changes could force capital allowance reform
Discussions are taking place between leasing company representatives and HM Revenue and Customs (HMRC) that could trigger further reform of capital allowance rules in the light of proposed changes to international financial reporting standards.
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Leasing news 17 Jul 2013Employees ‘could lose company cars’
Company cars could be withdrawn by some American-owned companies, while other British-based businesses could struggle to raise funds and short-term leases could become prevalent.
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General News 26 Jul 2011IASB and FASB to consult again on leasing proposals
The International Accounting Standards Board (IASB) and the US-based Financial Accounting Standards Board (FASB) has announced their intention to consult again on their revised proposals for a common leasing standard.
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