Beta This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Business Income Manual

Particular trades: greyhound stadium proprietors

You should not regard dogs owned by greyhound stadium proprietors for racing purposes as stock in trade. They should, therefore, be dealt with on a renewals basis - see Abbott v Albion Greyhounds (Salford) Ltd [1945] 26TC390.