Tax and the farmer: natural capital, biodiversity and rewilding

Accounting and tax treatment of eco-projects, biodiversity net gain income streams and new subsidies will be essential for all areas of farm tax and succession planning

Landowners need to understand the accounting and tax implications of natural capital and the opportunities it presents. This is because biodiversity net gain (BNG) might prove to be one of the most important concepts for some farmers over the coming years.

Restoring important habitats does not just help nature but also reduces and even offsets UK carbon emissions, but the accounting and tax treatment must be considered. Farms should be looking to maximise income from natural capital.

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