I've got the privilege of heading up our Natural Capital team here at Saffery. We already act for a large number of wonderful businesses in this sector. I have connected on here with various people from the sector recently and I thought it might be useful to set out some of the accounts and tax services that we provide to the sector.
There is a lot of (in my view) unnecessary confusion in the marketplace about questions such as, "how is BNG taxed" and "what will this natural capital scheme do to my IHT profile". We have spent a lot of time looking at these sorts of questions, lobbying and working with HMRC for clarity on some of these matters.
Do drop me a line if you find yourself wondering about accounting and taxation for Natural Capital!
Please see the attached for more info.
---------------Supporting the Natural Capital sector---------------
At Saffery, we’ve specialised in acting for rural landowners for almost 170 years. As the natural capital economy has been fast developing, our team of specialists has been working closely with multiple stakeholders and businesses in this sector and we can offer an unrivalled depth of experience and expertise.
Our work in this sector spans rural land owners, natural capital businesses and policy makers. We have representatives working closely with bodies such as HMRC, the ICAEW and the CLA to discuss everything from the tax treatment of ecosystem services through to TCFD and TNFD reporting. Our breadth and depth of knowledge of the financial and tax issues that the rural sector face, combined with our wider general business service lines, uniquely position us as the go-to firm to service the natural capital sector.
We offer a wide range of services, including:
• Accountancy compliance and advice
• Natural capital and carbon accounting
• Auditing
• General tax compliance and advice
• VAT advice and compliance
• Corporate finance and valuation services
• Sustainability reporting and assurance
• ESG maturity assessments
• Business tax and structuring advice
• Succession planning
• Trust tax and advice
• Research and Development tax credits
• Business modelling and forecasting
• TCFD and TNFD reporting advice
• Bookkeeping and management accounts
We act for clients that include:
• Traditional landowners looking to diversify
• Natural capital consultancy businesses
• BNG brokers
• Regenerative farms
• Institutional investors
• Rewilding projects
• Charities including Wildlife Trusts
• New entrants investing in natural capital
• Family offices
• Offshore trustees
#BNG #Carboncredits #naturalcapital #tax #Nutrientneutrality
Business Coach and Advisor at Duffy Advisory
7moInteresting who would have thought that self-storage facilities can be complicated, thanks Ewen