Commentary

B5.223 Commercial occupation of land treated as a trade

Business tax
Business tax | Commentary

B5.223 Commercial occupation of land treated as a trade

Business tax | Commentary

Commercial occupation of land

B5.223 Commercial occupation of land treated as a trade

The general rule is that the occupation of land in the UK managed on a commercial basis and with a view to the realisation of profits is treated as a trade or part of a trade1, see Division B5.1. This does not apply to woodlands or to land being prepared for forestry purposes2, which is outside the charge to tax, see B5.130. Land filled with Christmas trees is not considered to be woodlands and therefore not exempt3. Farming and market gardening in the UK is specifically

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