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ITA07/S192(1)(h); ITA07/S303(1)(h)

S192(1)(h) and S303(1)(h) exclude farming or market gardening.

Farming and market gardening are defined at ITA07/S996.

Farming means the occupation of land wholly or mainly for the purposes of husbandry. ‘Husbandry� includes hop growing, the breeding and rearing of horses and the grazing of horses for those purposes, as well as short rotation coppicing.

Farming is not necessarily a trade in the proper sense of the word, but is treated as a trade for all tax purposes by CTA09/S36 and ITTOIA05/S9 (see BIM55051).

Market gardening is the use of a garden or nursery for the purpose of growing produce for sale see BIM62601