Birmingham & District Cattle By-Products Ltd v CIR KB 1919 12 TC 92....[Commencement of trade date]

A company traded as processing and marketing butchers’ by-products.  From June to October the directors were busy looking for premises and securing plant equipment.  The company recruited a works manager in August and in October the processing began.  The commencement of trade was date actual trading began and for tax purposes that was October.