Hi, my husband is PAYE employee in full time employment. He bought 12 sheep last year just to keep the grass down in the field around our house.
We only intend to have sheep during the growth period for the grass.
We sold them in September this year and made a small profit.
Do we declare that profit as we are not farmers, as Capital Gains, or not?
Which form, and can it be done online?
Thankyou.
We only intend to have sheep during the growth period for the grass.
We sold them in September this year and made a small profit.
Do we declare that profit as we are not farmers, as Capital Gains, or not?
Which form, and can it be done online?
Thankyou.