Farming News - Woodland owners: tax guidance

Woodland owners: tax guidance

Woodland owners: tax guidance

Woodlands may be eligible for certain tax reliefs and exemptions, depending on the type of woodland and its purpose.

Change made:
Under England Trees Action Plan (ETAP) action 2.11, Defra committed to reviewing guidance on the tax treatment of trees and woodlands, to provide greater clarity to landowners on how new and existing trees on their land affect tax liabilities. The guidance has been updated to provide high level tax information for the most common circumstances and those specific areas flagged by stakeholders in pre ETAP consultation responses.