Bloodstock breeders


Cap on relief

Claims and time-limits

Commencement/cessation of trade

Corporation tax

Agreements to forgo tax relief

Carry-forward against future trading profits

Change in company ownership

Change in trader without change of ownership

Continuity of trade

Farming and market gardening

Group relief

Non-resident companies receiving tax-exempt income

Oil extraction activities

Set-off against profits of earlier periods

Set-off against profits of the same period

Terminal losses

Uncommercial trades

Write-off of Government investment


Hobby farming



Property income

Terminal losses

Time limits for elections and claims

Trade carried on abroad

Treated as allowable capital losses

Types of relief