– see also Farm animals

Agricultural property relief

Commentary – Tax Reporter ¶658-200
HMRC Guidance – IHTM24032
Case Law – Dixon v IR Commrs

Generally

Commentary – Tax Reporter ¶271-000

Herd basis

– see also Herd basis

Acquisition of new herd within five years of sale of old herd

Commentary – Tax Reporter ¶271-450

Bloodstock breeding

Commentary – Tax Reporter ¶273-750
HMRC Guidance – BIM55535

Herd, meaning

Commentary – Tax Reporter ¶271-100

Immature animals

Commentary – Tax Reporter ¶271-100 ; Tax Reporter ¶271-300

Mature animals

Commentary – Tax Reporter ¶271-350

Production herd

Commentary – Tax Reporter ¶271-100

Replacements to herd

Commentary – Tax Reporter ¶271-400

Share farming

Commentary – Tax Reporter ¶271-200
HMRC Guidance – BIM55615

Shares in animals

Commentary – Tax Reporter ¶271-100

Herd basis election

Anti-avoidance provisions

Commentary – Tax Reporter ¶271-650

Effect of

Commentary – Tax Reporter ¶271-200
HMRC Guidance – BIM55615

Generally

Commentary – Tax Reporter ¶271-150

Herds no longer kept

Commentary – Tax Reporter ¶271-150

Information

Commentary – Tax Reporter ¶271-800

Partnership changes

Commentary – Tax Reporter ¶271-200
HMRC Guidance – BIM55615

Procedure

Commentary – Tax Reporter ¶271-700

Tax consequences

Commentary – Tax Reporter ¶271-200
HMRC Guidance – BIM55615

Tax planning

Commentary – Tax Reporter ¶271-600

Time limit

Commentary – Tax Reporter ¶271-700

Trading profits, effect on

Commentary – Tax Reporter ¶271-250

Two or more farms

Commentary – Tax Reporter ¶271-150

Plant and machinery allowances

Commentary – Practical Capital Allowances ¶11-060 ; Practical Capital Allowances ¶165-300 ; Tax Reporter ¶245-500
HMRC Guidance – CA21220
Case Law – ABBOTT (H.M. INSPECTOR OF TAXES) v. ALBION GREYHOUNDS (SALFORD), LTD. ; EARL OF DERBY v. AYLMER (Surveyor of Taxes). ; NORMAN v. GOLDER (H.M. INSPECTOR OF TAXES)

Tax treatment

Commentary – Quick Overview ¶6315

Trading stock basis

Commentary – Tax Reporter ¶271-050

Trading stock, treated as

Legislation/Regulatory – CTA2009 s. 50
HMRC Guidance – BIM55401 ; BIM55425 ; BIM55440 ; BIM55445

Valuation, basis of

Commentary – Tax Reporter ¶271-850