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Valuation error brings tax bill

Language: English Series: Farmers' Weekly ; 118(22) 28 May 1993, 10(1)Publication details: 1993Subject(s): Summary: Farmers may face large tax increases as a result of paper profits where animal valuations for the Inland Revenue are assessed on market value rather on `herd basis`.

Farmers may face large tax increases as a result of paper profits where animal valuations for the Inland Revenue are assessed on market value rather on `herd basis`.