Corporation Tax Act 2009 section 36

Farming and market gardening

Section 36 establishes that farming and market gardening in the United Kingdom are treated as a trade for corporation tax purposes, and that all UK farming by a single company is consolidated into one trade.

• Farming or market gardening in the UK is automatically treated as a trade for corporation tax, even if it is not run commercially or with a view to profit
• All UK farming carried on by a company is treated as a single trade, unless the farming forms part of another trade
• The section does not apply to farming or market gardening carried on by an insurance company where the land is an asset held for its long-term business
• Where a company carries on farming as a member of a partnership, the farming within the partnership is treated separately from any farming the company carries on independently