- Original Poster
- #1
Hi
I have a client who runs a pub & pays rent to the landlord
For the initial startup of the business they had to invest a lot of capital to carry out work to the property and grounds.
Under the terms of the agreement to lease from the landlord, the landlord paid my client a chunk of money (less than my clients investment of capital) to carry out the works that they decided were imperative.
The landlord is not a shareholder to the business, so how would I account for this transaction?
I have a client who runs a pub & pays rent to the landlord
For the initial startup of the business they had to invest a lot of capital to carry out work to the property and grounds.
Under the terms of the agreement to lease from the landlord, the landlord paid my client a chunk of money (less than my clients investment of capital) to carry out the works that they decided were imperative.
The landlord is not a shareholder to the business, so how would I account for this transaction?
