Part 3Property income

Chapter 2Property businesses

Generating income from land

267Activities not for generating income from land

For the purposes of this Chapter the following activities are not carried on for generating income from land—

(a)

farming or market gardening in the United Kingdom (but see section 9 (UK farming or market gardening treated as trade)),

(b)

any other occupation of land (but see section 10 (certain commercial occupation of UK land treated as trade)), and

(c)

activities for the purposes of a concern to which section 12 applies (profits of mines, quarries etc.).