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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

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Other matters relating to leasing payments

​Expensive motor vehicles

The notional values for expensive motor cars are to be taken into account both when allowing lease rental claims and when calculating any lease payments to be added back on disposal etc.

Asset and vehicle examples for lease payments

Cessation

Assets subject to finance leases held at cessation that have a residual value at that date will need to be adjusted for in the final computation.

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