Jarmin (Inspector of Taxes) v Rawlings
Jarmin (Inspector of Taxes) v Rawlings
- 1994
- Simon`s Tax Cases (1994) STC 1005-1015(11) .
ChD 17 November 1994. The taxpayer was held to be entitled to retirement relief from CGT on the disposal of his dairy farming business under Finance Act 1985 s69(2)(a). The sale of a milking parlour and yard did constitute the disposal of the business in spite of animal husbandry being carried on after the disposal of the land.
CAPITAL GAINS TAX
DAIRY FARMING
DISPOSAL
FINANCE ACT 1985 S69(2)(A)
RETIREMENT RELIEF
ChD 17 November 1994. The taxpayer was held to be entitled to retirement relief from CGT on the disposal of his dairy farming business under Finance Act 1985 s69(2)(a). The sale of a milking parlour and yard did constitute the disposal of the business in spite of animal husbandry being carried on after the disposal of the land.
CAPITAL GAINS TAX
DAIRY FARMING
DISPOSAL
FINANCE ACT 1985 S69(2)(A)
RETIREMENT RELIEF