(d) A taxpayer purchased 10 acres, containing a house, garage, and barn for $220,000. The land value portion was $120,000. Council approval was obtained for a subdivision of seven acres, which was carried out, and the land subsequently sold for $200,000. Costs involved in the subdivision amounted to $33,000. The professional services of a surveyor, solicitor and valuer were used. The taxpayer also organised fencing, felling and planting work, and the excavation of a driveway. Work involved in the subdivision included the removal of pine trees, a bush regeneration programme, stock-proof fencing, a site survey, the excavation of a driveway, and the planting of trees. The buildings and one acre of the remaining three acres are used for the taxpayers car restoration business and residence. Are the proposed subdivision work that the taxpayer intends to carry out is work of a minor nature?