HMRC guidance: Woodland owners - tax planning
Released 9 July 2018
HMRC have published new guidance explaining about relief from inheritance tax and capital gains tax for owners of a woodland.
Woodland owners: tax planning explains that to preserve and protect national heritage for the benefit of the public, the Government introduced the ‘Conditional Exemption Tax Incentive Scheme’ offering landowners - including owners of woodland sites - conditional exemption from inheritance tax and capital gains tax, providing certain criteria are met. The guidance explains who is eligible and how the scheme works.
View the guidance Woodland owners: tax planning.