Insights into PFRS 16 - Lease Payments
09 Nov 2026
Our ‘Insights into PFRS 16’ series summaries key areas of the Standard and aims to demystify those key requirements that are challenging to apply in practice. This article considers the accounting for lease payments.
Since its initial release, there has been an IFRIC decision in relation to accounting for lease payments relating to non-recoverable value added tax and property tax payments. Our article has been updated to reflect this agenda decision and our views on how these types of payments should be accounted for in practice.
The full publication is accessible and downloadable below.
The previous release in this series, which provide foundational discussions and key concepts under PFRS 16, are available below
Insights into PFRS 16 - Lease payments
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