Md Asadur Rahman

A company paid lease premium of £50,000, lease duration is 25 years. I would like to know that whether we should treat the lease as per below mentioned formula or not. P x (50-Y)/50 =50,000 * (50-24)/50= £26,000 Revenue Expenditure 50,000-26,000=24,000 Capital Expenditure 26000 we will claim as expense in 25 years which is = £1,040 per year (26000/25 Year) and 24000 will be capitalised Please tell me whether it is correct or not.