Theta enters strategic alliance with IAA-Advisory

Today Theta has entered a strategic alliance with the asset finance leading advisory firm IAA-Adviosry.  Between us we are able to offer a wide range of asset finance and leasing clients a full range of services and generate huge benefit and value to our clients. Chris Biggs commented ‘We continue our growth in this sector…

IFRS 9 Impairments – a proportionate solution?

‘for mid-tier and challenger banks and lending institutions and consumer credit businesses, the challenge is equally demanding to that of the large global banks and in many ways requires the development of a more difficult bespoke solution that is proportionate, fit for purpose and not over engineered for ‘business as usual’ going forward.’ Background: Much has been…

IFRS 16 Leases – Leasing fatigue?

I started noticing sufferers of ‘leasing fatigue’ a couple of years back after the second IASB exposure draft. The (by then) fifteen years of debate were showing no signs of reaching an end – the majority of people didn’t believe that this topic would ever reach a conclusion (me included). However…..I hope we are all…

HMRC Issue consultation document on the future of taxing leases under IFRS 16 Leases

New options for how to tax leases once IFRS 16 has been adopted is open for consultation – this is going to be fundamental to lease structuring and potential impacts on reporting and commercial views of leases:  Options are: Option 1 – Status quoOption 2 – Accounts based regimeOption 3 – Accounts based with leasing allowance Option 4 –…