Woodland is an integral part of our rural environment and there are various tax benefits to owning woodland.Indeed, the taxation of forestry and woodland has always been pretty generous to encourage people to purchase woodland and to spend money on management.
Savings can be made, but it is important to consider and plan how best to acquire, hold and sell these assets in order to ensure that you take full advantage of them.
In this article I take a closer look at how to own and manage woodland to take advantage of the benefits.
We are exhibiting at Cereals 2024 on 11 and 12 June. Find us at stand 216. Cereals is the premier arable event in the UK involving...