Countryside Stewardship: Inheritance Tax and Capital Gains Exemption Guidance

DEFRA has released the latest list of Countryside Stewardship options that are available on land that has been designated by HM Revenue & Customs (HMRC) as conditionally exempt from Inheritance Tax (IHT) or as the object of a Maintenance Fund.

Options may be excluded to avoid the issue of double funding: for example, where it is already a requirement of IHT Heritage Relief to maintain historic parkland, funding for the same activities will not be available through Countryside Stewardship.

Some options are excluded outright, while others will need to be checked by IHT Exemption staff for overlap. Full details can be found on the DEFRA website.