Livestock
– see also Farm animals
Agricultural property relief
Commentary –
Tax Reporter ¶658-200
Case Law –
Arnander & Ors (Executors of McKenna dec'd) v. R & C Commrs
;
Cottle v Coldicott (HMIT)
;
Dixon v IR Commrs
;
Higginson's Executors v IR Commrs
;
Lloyds TSB (as personal representative of Antrobus dec'd) v IR Commrs
;
Rosser v IR Commrs
;
Taylor (personal representative of Sosnowski) v IR Commrs
;
Wheatley's Executors v IR Commrs
;
Williams (Personal Representative of Mary Philomena Williams dec'd) v. R & C 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
Capital allowances
Commentary –
Tax Reporter ¶236-360
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 –
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 –
Essential Tax Companion ¶6315
Trading stock basis
Commentary –
Tax Reporter ¶271-050
Trading stock, treated as
Legislation/Regulatory –
CTA2009 s. 50
Valuation, basis of
Commentary –
Tax Reporter ¶271-850
