Commentary

B5.142 Slaughter for disease control

Business tax
Business tax | Commentary

B5.142 Slaughter for disease control

Business tax | Commentary

B5.142 Slaughter for disease control

Where farmers have not elected for the herd basis (see B5.150–B5.154), they should note that if there is a substantial compulsory slaughter of production animals, they have an opportunity to elect for it1. For this purpose, 20% or more of a herd is automatically treated as a 'substantial' part, though a lower percentage may sometimes be applied2. As with all herd basis elections, an election once made is irrevocable. An election should certainly be considered by those farmers who would be taxable on profits arising from any compensation,

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