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Contents

Official guidance
Business Income Manual

BIM55300 · Farming: quotas

  • BIM55301 · Farming quotas: general
  • BIM55305 · Farming quotas: quota is fixed capital asset
  • BIM55310 · Farming quotas: creation of quotas
  • BIM55315 · Farming quotas: purchase and sale of quotas
  • BIM55320 · Farming quotas: quota leasing
  • BIM55325 · Farming quotas: compensation for temporary suspension of quotas
  • BIM55330 · Farming quotas: compensation for permanent loss of quotas
  • BIM55335 · Farming quotas: milk quotas
  • BIM55340 · Farming quotas: supplementary levy
  • BIM55345 · Farming quotas: reduction in milk quotas
  • BIM55355 · Farming quotas: termination of tenancy
  1. Farming: quotas: contents
  2. Farming quotas: termination of tenancy

BIM55355 | Farming quotas: termination of tenancy

From HM Revenue & Customs · Business Income Manual

Where a tenancy is terminated, the tenant and the landlord may reach agreement over the compensation payable to the tenant for the loss of his milk quota. If no agreement is reached, the tenant is entitled to statutory compensation for the loss of the quota, which passes to the landlord. In either case, the compensation is a capital receipt (see CG77940 onwards).

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