BIM85600 - Farming losses: contents

This chapter looks at the restrictions which apply to loss reliefs available to farmers. It contains the following:

1. BIM85601

   General
2. BIM85605

   Trade loss relief against general income
3. BIM85615

   Test of commerciality
4. BIM85620

   Restriction of relief after 5 years of losses
5. BIM85625

   Operation of five year rule
6. BIM85630

   Loss considered is loss incurred in year to 5 April
7. BIM85635

   Notional cessations and recommencements
8. BIM85640

   Let-out for long term ventures
9. BIM85645

   Let-out where farming part of larger undertaking
10. BIM85650

    Avoidance