Help for farmers making losses
Series: MAFF News Release ; (447) 18 December 2000, (1)Publication details: 2000Subject(s): Summary: The Inland Revenue has published an extra statutory concession relaxing the rules governing the treatment of farming losses, increasing from five to seven the number of consecutive years during which farming losses can be offset against other sources of income. The concession will only apply for the tax years 2000/2001 and 2001/2002.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3701-42 (Browse shelf(Opens below)) | 1 | Available | 110161-1001 |
The Inland Revenue has published an extra statutory concession relaxing the rules governing the treatment of farming losses, increasing from five to seven the number of consecutive years during which farming losses can be offset against other sources of income. The concession will only apply for the tax years 2000/2001 and 2001/2002.