Old Mill is a leading Southwest accountancy and financial planning firm with a long history of supporting farming businesses, landed estates and rural enterprises. Our specialist rural advisers provide joined-up expertise across tax, business advisory, succession planning, financial planning and natural capital, helping rural businesses navigate change and plan confidently for the future. Now as …
After a long period of uncertainty, HMRC has published clear guidance on how payments from ecosystem service markets will be taxed. If you’re involved in, or thinking about, Biodiversity Net Gain (BNG), nutrient credits, woodland carbon or peatland carbon, here’s what you need to know. What’s Covered? The guidance covers four schemes: BNG, nutrient neutrality, the Woodland Carbon Code and the Peatland Code. …
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