FRS 102 Lease Accounting Changes: What's New from 2026
From 1 January 2026, the revised FRS 102 puts most leases on the balance sheet. Here's what the new right-of-use model means for your accounts, profits and bank covenants.
Practical accounting, tax and property guidance from our team of ICAEW Chartered Accountants — written for owner-managed businesses, landlords and individuals across Kent and the UK.
From 1 January 2026, the revised FRS 102 puts most leases on the balance sheet. Here's what the new right-of-use model means for your accounts, profits and bank covenants.
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