ICAEW highlights uncertainty in tax on environmental schemes
[ad_1] Responding to HMRC’s consultation on environmental land management schemes and ecosystem service markets, the Tax Faculty emphasises that any tax reliefs or incentives must be part of a coherent wider strategy. In ICAEW REP 55/23, ICAEW’s Tax Faculty notes that there is a lot of uncertainty regarding the application of existing tax rules to […]
Environmental land management reliefs | ICAEW
[ad_1] The government is implementing frameworks to support private investment in nature’s recovery. Ecosystem service markets can assist in achieving the UK’s wider net-zero strategy, but there is uncertainty about how the current tax rules apply. A consultation on environmental land management was announced at the Spring Budget 2023. This talks through the issues concerning […]