Corporation Tax Act 2009 section 1317

Meaning of "farming" and related expressions

Section 1317 defines "farming", "market gardening", and clarifies the meaning of "forestry" and "woodlands" for corporation tax purposes.

• Farming means occupying land wholly or mainly for husbandry — it does not include factory farming (such as intensive rearing of fish or livestock) where the animals do not live off or draw sustenance from the land
• Hop growing and stud farming (including the breeding, rearing, and grazing of horses in connection with those activities) are specifically treated as farming
• Market gardening is a separate category from farming and requires that the produce sold must have been grown on the relevant land, not bought in for resale
• There is no territorial restriction in these definitions themselves — any geographic limitation (such as confining certain rules to UK land) is dealt with elsewhere in the Act rather than in the definitions