Marginal relief and Natural capital: Difference between pages

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1. ''UK Corporation Tax''. 
Natural Capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water and all living things.  


Tax relief for companies or other organisations whose taxable profits were in between the upper limit for the (reduced) small companies' rate and the lower limit for the (full) main rate of Corporation Tax.
Examples include global forests and their role in controlling greenhouse gases, insects as pollinators, water resources and the ecosystems of the planet.


Marginal relief smoothed the transition from the reduced rate of corporation tax to the full rate.
Just as companies need financial capital to support their business so too does the world need natural capital to support human life.


Poor management can result in depletion of financial capital and likewise natural capital needs to be managed and valued. 


2. ''UK Capital Gains Tax (CGT)''. 
Putting an economic value on natural capital and accounting for its use or renewal are behind the concepts of sustainability accounting or integrated accounting.


Tax relief in relation to disposals of assets for proceeds which are marginally above the threshold for total exemption from CGT, reducing the amount of tax that would otherwise be payable.


Natural capital is also known as natural resources.


== See also ==
* [[Marginal]]
* [[Marginal rate of tax relief]]


[[Category:Accounting,_tax_and_regulation]]
==See also==
* [[Capital]]
* [[Environmental profit and loss]]
* [[Human capital]]
* [[Natural Capital Coalition]]
* [[Natural Capital Protocol]]
* [[Sustainability]]
* [[Sustainability bond]]
* [[SHE]]
* [[World Forum on Natural Capital]]
 
 
===Other links===
[https://naturalcapitalforum.com/news/article/sustainability-jargon-buster--10-essential-terms-for-ceos Sustainability jargon buster] www.naturalcapitalforum.com
 
[[Category:Ethics]]

Revision as of 15:15, 9 March 2021

Natural Capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water and all living things.


Examples include global forests and their role in controlling greenhouse gases, insects as pollinators, water resources and the ecosystems of the planet.

Just as companies need financial capital to support their business so too does the world need natural capital to support human life.

Poor management can result in depletion of financial capital and likewise natural capital needs to be managed and valued.

Putting an economic value on natural capital and accounting for its use or renewal are behind the concepts of sustainability accounting or integrated accounting.


Natural capital is also known as natural resources.


See also


Other links

Sustainability jargon buster www.naturalcapitalforum.com

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