Farming is one of the biggest industries in the UK and there are tax rules applicable solely to farmers. "Moores Rowland's Taxation of Farmers and Farming" has been written for the professional tax practitioner and land agents, surveyors and farmers involved in tax decisions. The book makes full use of relevant tax legislation, examples and case studies. Wide-ranging subjects such as the special rules relating to stock-valuation, taxation of woodlands and the impact of value-added tax and rates on farmers and estate owners are examined. The book takes into account the "Income and Corporation Taxes Act 1988" and important changes in value added tax treatment made necessary by certain European Court rulings. Separate chapters cover difficult areas such as the interests of farmers in farming partnerships and development gains from property. There is also a chapter which considers how the Inland Revenue looks at and checks farmers' accounts; it explains in-depth investigations and enquiry branch activities.