Land Remediation Relief

Land Remediation Relief – New Service

We are now offering a Land Remediation Relief service. Land Remediation Relief is a corporation tax relief incentive for companies who acquired UK land and incurred costs for decontaminating or clearing derelict structures from it in order to restore the land to a productive state.

What Does It Look Like?

Businesses could receive a tax credit between 8p – 28.5p for every qualifying pound spent over the previous two financial years.

Land in a Contaminated State

Under Land Remediation Relief, land in a contaminated state applies to the expenditure incurred when decontaminating land that was acquired with a contaminate that could or is causing relevant harm to humans, property or the environment.

Qualifying Contamination Conditions

The land must be in the UK, owned by the claimant and the contamination is either:

  • The result of previous industrial activity e.g. mining, quarrying, manufacturing, construction, service supply, etc.
  • Japanese Knotweed (which develops before or after acquisition)
  • The presence of radon or arsenic

Qualifying Expenditure

Employees, subcontractors and material costs for:

  • Establishing the level of contamination, e.g. surveying costs (condition of the claim)
  • Removal of contaminates such as asbestos or for the treatment of harmful organisms
  • Containing contaminates to remove the possibility of relevant harm e.g. with structural investment

Exclusions
Burials, animal droppings, hydrocarbons present as a result of natural processes, contaminated air or water (unless it contaminates the land).

Derelict Land

Under Land Remediation Relief you can offset some of the costs incurred when bringing derelict land back into productive use.

Qualifying Derelict Conditions
The land has to be:

  • In the UK and owned by the claimant
  • Long term derelict since the purchase or 1st April 1998, whichever is earliest
  • Not in a productive state and the only way to reinstate productivity would be to remove buildings or structures

Qualifying Expenditure
Employees, subcontractors and material costs for:

  • Establishing which of the below redundant structures are present and the cost of removing them (condition of the claim)
    Removal of:
  • Post tensioned concrete heavyweight construction
  • Building foundations and machinery bases
  • Reinforced concrete pilecaps
  • Reinforced concrete basements
  • Below ground redundant services (exclusively gas, water, drainage, sewerage, electricity and telecommunications)

Contact Us

If you would like advice on whether your project qualifies for land remediation relief and how to claim, please contact us

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