BIM75600 - Farming losses: contents
This chapter contains the following:
|
General |
|
|
Loss excluded under ITA2007/S66 or ICTA88/S397 & ITA2007/S67 |
|
|
Test of commerciality |
|
|
Restriction of relief after 5 years of losses |
|
|
Five year rule |
|
|
Loss considered is loss incurred in year to 5 April |
|
|
Notional cessations and recommencements |
|
|
Let-out for long term ventures |
|
|
Let-out where farming part of larger undertaking |
|
|
Avoidance |
