Home / Environment

Legal News

HM Treasury launches consultation on taxation of ecosystem service markets

Copyright © 2025 LexisNexis

Published on: 16 March 2023

Published by LNB News

LNB News 16/03/2023

Document Information

Issue Date: 16 March 2023

Published Date: 16 March 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

HM Treasury has launched a consultation seeking views on the taxation of ecosystem service markets and the potential expansion of agricultural property relief from inheritance tax. Part one of the consultation is a call for evidence on the tax treatment of the production and sale of ecosystem service units, with the aim of understanding the commercial operations and the areas of uncertainty in regarding taxation. Part two of the consultation addresses the scope of agricultural property relief from inheritance tax. The deadline for response is 11.45am on 9 June 2023.

Popular documents

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a