Forestry

Can anyone give me some insight into how to deal with client who has purchased a forest and who is now selling timber from it. I understand this is not taxable? Does the client have to complete a corporation tax return or how are HMRC advised of the profit and losses for this business? Its been all losses up until this year....

 

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Commercial woodlands ...

BKD |
BKD's picture

Yes I have the prepared the

k whyte |

If ...

BKD |
BKD's picture

Thank you so much for the

k whyte |