BPR on land in Woodland & Peatland Carbon Codes schemes

Perhaps it's a coincidence but at the same time as a consultation starts on APR on land used for ELMS and the like (see earlier post "A review of APR after all") confirmation appears in the HMRC IHT manual that land used in Woodland Carbon Code Schemes and the Peatland equivalent is capable of qualify for Business Property Relief. See:

IHTM25253 - Other relevant business property: Land used under the Woodland and Peatland Carbon Codes - HMRC internal manual - GOV.UK (www.gov.uk)

Land entered into and verified by these schemes to generate credits which can be sold to individuals, businesses or companies to off-set their emissions, or used to off-set the emissions of the landowner’s business, will in principle qualify for business relief

https://www.gov.uk/hmrc-internal-manuals/inheritance-tax-manual/ihtm25253