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BIM55300 | Farming: quotas: contents

From HM Revenue & Customs · Business Income Manual

Various quota systems have operated within the UK farming industry to regulate production, or the entitlement to production subsidies. Most of these have, since 2005, been subsumed within the EU single payment scheme.

Milk quotas, however, are still in operation, although they are due to be abolished in 2015. A milk quota allows a farmer to produce a certain amount of milk without incurring a supplementary levy.

This section contains the following:

Contents11 entries

  1. BIM55301Farming quotas: general
  2. BIM55305Farming quotas: quota is fixed capital asset
  3. BIM55310Farming quotas: creation of quotas
  4. BIM55315Farming quotas: purchase and sale of quotas
  5. BIM55320Farming quotas: quota leasing
  6. BIM55325Farming quotas: compensation for temporary suspension of quotas
  7. BIM55330Farming quotas: compensation for permanent loss of quotas
  8. BIM55335Farming quotas: milk quotas
  9. BIM55340Farming quotas: supplementary levy
  10. BIM55345Farming quotas: reduction in milk quotas
  11. BIM55355Farming quotas: termination of tenancy