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Farming

  1. Overview
  2. What is farming?
  3. Charge to tax
  4. Income averaging
  5. Share farming

Share farming

You can carry on a farming trade under a share farming arrangement. Typically, this is where two parties carry on separate farming businesses on the same land without forming a partnership or a company.

Each party makes separate contributions to the arrangement, keeps their own accounts and calculates their own profits as separate, independent businesses. In general, share farming arrangements take the form of written agreements.

Published: 01 May 2024 Print this page

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