116 Replacement of animals in herd
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

116  Replacement of animals in herd

(1)     This section applies for the purpose of calculating the profits of the trade if—

(a)     an animal (“the old animal”) is sold from the herd or otherwise ceases to be part of the herd, and

(b)     it is replaced

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