Consultation outcome

Income Tax: Extension of averaging period for farmers

• From: HM Revenue & Customs
• Published: 8 July 2015
• Last updated: 9 December 2015 — See all updates

This consultation has concluded

Read the full outcome

Income Tax: Extension of averaging period for farmers - summary of responses

PDF, 185 KB, 15 pages

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Detail of outcome

Following consultation over the summer, the government is publishing its response, setting out how extension to the period over which farmers may average their profits will be introduced in April 2016.

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Original consultation

Summary

Consultation on the extension of the averaging period for farmers’ profits to 5 years.

This consultation ran from
8 July 2015 to 11:59pm on 6 September 2015

Consultation description

The government announced an extension of the averaging period for farmers to 5 years.

This consultation explores ways in which the extension could be designed and implemented.

Documents

Income Tax: Extension of averaging period for farmers

PDF, 568 KB, 26 pages

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Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 8 July 2015
Last updated 9 December 2015 + show all updates

1. 9 December 2015

   Summary of responses published.

2. 8 July 2015

   First published.