ELMS & Tax - How to Protect Your Client’s Position

Introduction

The era of the Basic Payment Scheme (‘BPS’) is ending and with it comes a major shift in farm subsidies.

The new Environmental Land Management Scheme (ELMS) ties payments directly to land management actions rather than just land ownership. Coupled with the growing potential to combine private finance with public funds, this introduces a range of tax considerations that could impact your clients.

Understanding these changes is crucial to safeguarding the tax positions of your farming and land-owning clients. Missing key points could have significant financial consequences.

Join this short webinar which will break down the essential tax issues and provide clear guidance to keep your clients protected.

What You Will Learn

The webinar will cover the following:

• What is meant by environmental land management and what schemes are available?
• What is the inheritance tax position and what are the risk areas?
• What do you need to consider from a capital gains tax perspective?
• How is the income treated for tax purposes, and what are the problem areas to consider?
• What is the VAT position?

This pre-recorded webinar will be available to view from Tuesday 3rd November 2026

Alternatively, you can gain access to this webinar and 2,400+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.