Upfront payment for Franchise tax question

T

thetaxguy

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I have made a payment to a Master Franciseholder to cover next 5 years i.e. I made a payment that allows me to hold a franchise for the next 5 years.
In addition I make an annual payment which is linked to my sales.
I know I can get tax relief for the annual payment but what about the upfront 5 year payment?
It’s not clear to me that I can get a capital allowance under the Intellectual Property rules.

Has anyone any experience of this type of payment or has anyone any ideas to offer?
 
I remember doing this before, i think you claim it similar to capital allowances, i will check the old file and revert
 
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