HMRC, The Dairy Farmer & The Disallowed Loss

HMRC, The Dairy Farmer & The Disallowed Loss

The recent case of B and R Scambler v HMRC (TC4842) reinforces HMRC’s refusal to accept farming loss claims where they deem that the farm is not being run on a commercial basis. And there are many cases of this nature going to Tribunal. Assuming all criteria is...