Chapter BIM55420

Published date22 November 2013
Record NumberBIM55420

Helpsheet 232

The deemed cost method of valuation described in Helpsheet 232 (see BIM55410) should not be used where it would not result in a reasonable estimate of cost, for example in the case of pedigree stock.

Helpsheet 232 authorises use of the method only as regards cattle, sheep, pigs and harvested crops. Other species of farm livestock are not covered. If, in a particular case, the use of a similar method to arrive at a reasonable estimate of cost for another species of...

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