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Written question asked by Lord Clark of Windermere (Labour) on Tuesday, 26 June 2018, in the House of Lords. It was due for an answer on Tuesday, 10 July 2018. It was answered by Lord Bates (Conservative) on Tuesday, 10 July 2018 on behalf of the Treasury.


Forestry: Tax Allowances

Question

To ask Her Majesty's Government what is the cost to the Exchequer of the value respectively of (1) Capital Gains Tax relief, (2) Inheritance Tax relief, (3) Income Tax relief, and (4) Business Rate relief given to forestry and upland land ownerships over the past five years.

Answer

An estimate of Capital Gains Tax, Inheritance Tax, Income Tax and business rate reliefs pertaining to forestry and upland land in particular, over the last five years, is not available. These are part of wider reliefs that are available to business owners.


Secondary information

Type
Written question
Reference
HL8966
Session
2017-19
Subjects
Forestry Tax allowances
Contains statistics
Yes
Link
View this Written question on www.parliament.uk