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