Ground rents

By:
Updated: Aug 20, 2021

Rent paid for land as opposed to rent paid for the buildings on the land. Rights to receive ground rents can be bought and sold. At one time, prior to April I 1964, tax was deducted by the payer and the payment was treated as an annual charge. Payment is now made gross, i.e. no tax is deducted.

Reference: The Penguin Business Dictionary, 3rd edt.



Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.