Biodiversity: Tax Allowances
Commons · Question 32453 · Tabled 21 Feb 2025 · Treasury · Official record
Answered 28 Feb 2025
Question
Asked by Manuela Perteghella
To ask the Chancellor of the Exchequer, what progress her Department's joint working group with HMRC has made on clarifying the tax treatment of payments received under the Biodiversity Net Gain scheme.
Answer
Answered by James Murray, 28 Feb 2025
The Government has established the joint HMT/HMRC working group with industry representatives to identify solutions that provide clarity on the tax treatment of ecosystem service markets, including the Biodiversity Net Gain scheme. The work of the group i...