In many ways, the more bed and breakfasting that takes place, the greater the immediate revenue yield will be.
Bed and breakfasting is perfectly legal provided that it complies with certain criteria.
That practice for sheep—bed and breakfasting, as it is called—was rife in the industry, and the 20-day rule is the answer to the problem.
I do not believe that bed and breakfasting, which sets off a loss against a gain, is something about which we should complain.
However, at the moment it means that many tenants are in contravention of their tenancy agreements if they carry out bed and breakfasting.
Bed and breakfasting may enable gains to be set off against losses, but where genuine gains are being made that is of no help.
Therefore, thresholds and bed and breakfasting are important mechanisms by which people have been able to reduce their liability to tax.
Bed and breakfasting for sheep was one of a number of ways in which dealers moved animals about—ways that do not make any sense.
