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Horsing around

17 October 2007
Issue: 4130 / Categories: Forum & Feedback , HMRC powers
My husband and wife clients have recently ceased full-time employment and have purchased, in their joint names, a farm comprising farmhouse, outbuildings and fields. No arable or livestock farming takes place and they plan three main activities of converting the outbuildings for use as holiday lets; providing livery for horses; and renting plots of land to private individuals for the storage/parking of caravans and other such vehicles.

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