Understand the land. Evidence the remediation.
Land Remediation Relief may provide an additional Corporation Tax deduction for qualifying expenditure incurred by a company cleaning up contaminated or, in defined circumstances, long-term derelict land. Responsibility for the contamination and the nature of the work are central to the review.
Begin with the qualifying conditions.
These points are a starting framework, not a conclusion on eligibility.
- 01A company acquires or holds a qualifying interest in land in the UK.
- 02The condition of the land and qualifying contamination or dereliction tests are evidenced.
- 03The claimant did not cause the contamination in a way that prevents relief.
- 04Qualifying staffing, materials, subcontractor or relevant land-remediation loss costs are identified.
A clear route from facts to next steps.
Scope, responsibilities and commercial terms are agreed before work begins.
Establish the land history, acquisition and claimant's interest.
Identify contaminants, derelict structures and the remediation undertaken.
Review responsibility conditions and excluded costs.
Coordinate the expenditure analysis with appointed specialists.
Evidence makes the position reviewable.
The exact documents depend on the relief, transaction and accounting period.
- Environmental and site investigation reports
- Acquisition documents and site history
- Remediation specifications, invoices and contracts
- Accounts and tax computations for the relevant period