Chapter CA32205
Published date | 16 April 2016 |
Record Number | CA32205 |
Court | HM Revenue & Customs |
Issuer | HM Revenue & Customs |
CAA01/S274
...
A qualifying trade is:
- a trade of the type listed in table A, or
- an undertaking carried on by way of trade listed in table B.
Table A (qualifying trades) | Definition |
Manufacturing or processing | Manufacturing or processing is manufacturing goods or materials CA32210, or subjecting goods or materials to a process CA32213 |
Storage | Storage is a trade consisting in storing goods or materials: |
1. which are to be used in the manufacture of other goods or materials, or
2. which are to be subjected to a process in the course of a trade
3. which, having been manufactured or produced or subjected to a process in the course of a trade, have not yet been delivered to any purchaser, or
4. on their arrival in the UK from a place outside the UK [CA32224](https://www.gov.uk/hmrc-internal-manuals/capital-allowances-manual/ca32224). | | Agricultural contracting | Agricultural contracting [## CAA01/S274
A qualifying trade is:
- a trade of the type listed in table A, or
- an undertaking carried on by way of trade listed in table B.
](https://www.gov.uk/hmrc-internal-manuals/capital-allowances-manual/ca32225) is a trade consisting in:
1. ploughing or cultivating land occupied by another person, or
2. carrying out any other agricultural operation on land occupied by another person, or
3. threshing the crops of another person. | | Foreign plantation | A foreign plantation is a trade consisting in working land outside the UK for the purposes of husbandry, forestry or the growing or harvesting of crops [CA32226](https://www.gov.uk/hmrc-internal-manuals/capital-allowances-manual/ca32226). | | Fishing | Fishing is a trade consisting in catching or taking fish or shellfish [CA32227](https://www.gov.uk/hmrc-internal-manuals/capital-allowances-manual/ca32227). | | Mineral extraction | Mineral extraction is a trade consisting in working a source of mineral deposits [CA32228](https://www.gov.uk/hmrc-internal-manuals/capital-allowances-manual/ca32228). |
Table B (undertakings which are qualifying trades) | Definition |
Electricity undertaking | An electricity undertaking is an undertaking for the generation, transformation, conversion, transmission or distribution of electrical energy. |
Water |
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