Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what progress her Department's joint working group with HMRC has made on clarifying the tax treatment of payments received under the Biodiversity Net Gain scheme.

The Government has established the joint HMT/HMRC working group with industry representatives to identify solutions that provide clarity on the tax treatment of ecosystem service markets, including the Biodiversity Net Gain scheme. The work of the group is currently ongoing.