United Kingdom · Question · Written question
UIN 66680
Forests: Tax Allowances
Original
Introduced
10 July 2025
Last action
15 July 2025 · Answer
Status
Answered
Sponsors
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Subjects
Discovery layer
Source updated
15 July 2025
Summary
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of removing the tax exemption from woodlands.
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Timeline
10 July 2025
Written question
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of removing the tax exemption from woodlands.
Source: Commons
15 July 2025
Answer
Income Tax and Corporation Tax do not apply to woodlands managed on a commercial basis and with a view to making profits. This treatment was introduced in 1988 to prevent high-income individuals sheltering other income from tax by setting it against expen...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2025-07-10/66680
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1821708
- uk · wq-1821708 · source updated 15 July 2025