Readers' forum: Goat yoga

My client is a yoga teacher and to increase the appeal of her classes and her business turnover and profits she has started ‘goat yoga’ classes (it’s a thing no ‘kidding’). Apparently this is when participants perform yoga poses with goats nearby or even standing on them – the goat standing on the person not vice versa.

A friend of my client has a small farm and is willing to set aside a paddock where the yoga lessons can be held and the goats will be allowed to roam during the sessions. Although there is nothing yet in writing my client has bought ten goats and I should be grateful for advice on how this purchase should be treated for tax purposes. I do not deal with farmers and wonder whether the herd basis would apply.

The original plan was that my client would meet...